.......................................... specialising in commercial property since 1981

1-5 WATERLOO COURT, ANDOVER, SP10 5RG

4245C1-5 A

4245C1-5 B

LOCATION

The premises are located in Waterloo Court in a good secondary position, approached from Andover High Street along Shaws Walk which is between Hays Travel and Poundland.

DESCRIPTION

5 small lock-up shops with communal WC facilities just off Andover High Street producing £35,400 pax [VAT is currently not charged].

SERVICES

Mains electricity, water and sewerage.

ACCOMMODATION

   m2 [ft2]
Shop 1 31.6 [340]
Shop 2 31.0 [334]
Shop 3 17.9 [193]
Shop 4 24.0 [258]
Shop 5 27.7 [298]
TOTAL 132.2

[1,423]

ENERGY PERFORMANCE CERTIFICATE

Shop 1 E116
Shop 2 C65
Shop 3 C72
Shop 4 D97
Shop 5 C63

RATING ASSESSMENTS

Shop 1 £6,900
Shop 2 £6,700
Shop 3 £4,500
Shop 4 £4,350
Shop 5 £6,300

TENURE

Freehold.

LETTINGS

The shops are basically let on simple 6 month agreements with the occupier being able to determine the agreement on one month's notice and at monthly fees inclusive of buildings insurance but with the occupiers responsible for their own business rates and electricity.

Current total rent £35,400 pax.  

PRICE

Offers invited in the region of £375,000 [VAT is not currently charged] which will show a purchaser a net initial yield of about 9% after deducting purchaser's costs at 1.75% and SDLT.

LEGAL COSTS

Each party to bear their own legal costs.

Ref: 4245CGM

 

Request Property Details

Powered by Intergage