The premises are located in Waverley Buildings in Waterloo Court, just off Andover High Street and close to The Chantry Centre.
Town centre, double-fronted, lock-up shop with ceiling, recessed lighting, carpets, security shutter, rear loading and WC.
Mains electricity, water and sewerage.
ENERGY PERFORMANCE CERTIFICATE
Rating - C57.
|Rateable Value from 01/04/2017
|Business Rates Payable 2019/20
|With Small Business Relief 2019/20
These figures include the one-third reduction recently introduced by the government for the period 01/04/2019 - 31/03/2021.
BUSINESS IMPROVEMENT DISTRICT
The premises are within a BID and are subject to a charge of 2% of the Rateable Value per year ie £245.
A £1,000 grant may be available from Test Valley Borough Council - search TVBC Independent Reatailer Grant.
Residue of 125 year ground lease from 01 January 2008 at a ground rent of £200 pax + VAT rising every 25 years to £300 pax + VAT, £400 pax + VAT, £500 pax + VAT and £600 pax + VAT respectively.
EITHER FOR SALE
Price £165,000 + VAT for the long-leasehold interest described above.
OR TO LET
On a new FRI lease for a period to be agreed at a commencing rent of £14,000 pax + VAT. Take a 5 year lease and have 2 years at 50% off the rent.
Each party to bear their own legal costs.
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