The premises are located in The Broadway, just off Western Avenue, part of Andover's Inner Ring Road and close to Wilko.
Ground floor retail/office premises with scope to split into two units or covert to residential subject to consents.
The premises are provided with suspended ceilings, lighting, air-conditioning, laminate floors, tea point and WC.
There is also a small ground rent income from a first floor flat.
Mains electricity, water and sewerage.
ENERGY PERFORMANCE CERTIFICATE
To be assessed.
|Rateable Value from 01/04/2017
A £1,000 grant may be available from Test Valley Borough Council - search TVBC Independent Retailer Grant.
The main part of the building is freehold.
The tea-point area, WC and office to the side are held on the residue of a 1,000 year lease from 08 October 1938 at a ground rent of one peppercorn pax if demanded.
The first floor flat has been sold on a 99 year lease from 01 April 2006 at a current ground rent of £25 pax.
Either For Sale
Or To Let
On a new FRI lease for a period to be agreed at a commencing rent of £15,000 pax.
VAT is not currently charged.
Each party to bear their own legal costs.
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