Loewy House (Ground and 1st floors), Aviation Park West, Bournemouth International Airport, Christchurch, BH23 6EW

Description
Loewy House is a detached three storey office building occupying a prominent position close to the entrance of Aviation Park West. The building was constructed in 2002 to a high specification and benefits from good natural daylight and views across Bournemouth Airport.

The premises are accessed via the rear of the building where there is a central core with a reception, cloakroom and shower facilities and a lift. Externally, there is generous parking with a total of 150 dedicated car spaces in the car-park to the rear of the building. The accommodation was originally open plan and the existing tenant has installed partitioning to create separate offices and meeting rooms.

Location
The premises are accessed via Chapel Gate from Parley Lane, approximately 3.4 miles to the east of the A338 dual carriageway which links to the A31. Alternatively, access to the A31 can be gained via the A348 and A347. The A31 links to the M27/M3 motorway networks. Bournemouth Town Centre is approximately 7.1 miles away and can be accessed via the A338.

The premises occupy a prominent position close to the entrance of Aviation Park West with extensive frontage to Enterprise Way. Aviation Park West forms part of the wider Aviation Business Park, which comprises approximately 60 hectares (148 acres) of land and buildings allocated for employment uses. The Park is home to a number of major occupiers including Meggitt Plc, Cobham Aviation Services, Honeywell and Curtis Wright.

Terms
The premises are secured by way of a 10 year full repairing and insuring lease from 29.9.2017 incorporating a tenant’s option to break on 28.9.2022, subject to serving no less than 12 months notice. There is an upwards only rent review on 28.9.2022 and the current passing rental is £420,000 per annum exclusive of VAT and all outgoings. The lease is subject to a schedule of condition dated 7 August 2010.

The premises are available on the following basis:-
Whole building - By way of an assignment of the existing lease.
Ground floor (excluding reception) – By way of a new under-lease until June 2022, subject to a rental of £170,000 per annum exclusive of VAT and all outgoings.
First and Second floors – By way of an under-lease until June 2022, subject to a rental of £250,000 per annum exclusive of VAT and all outgoings.

Specifications
* Air conditioning
* Double glazed windows
* Suspended ceilings with inset lighting
* 8 person passenger lift
* Flexible open plan floor plates
* 150 dedicated car-parking spaces
* Fully carpeted
* Shower facilities
* Male, female and disabled cloakroom facilities

Legal Costs & VAT
The ingoing tenant is to be responsible for the landlord’s reasonable costs incurred in the transaction.

The premises are currently elected for VAT.