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

11 BRIDGE STREET, ANDOVER, SP10 1BE

1545C FRONT RESIZED

LOCATION

The premises are located in a prominent position in Bridge Street, opposite the junction with the High Street and close to several town centre car parks.

DESCRIPTION

The premises comprise what is essentially a four-storey building with single-storey rear extension providing a ground floor shop which is let and office accommodation on the upper floors together with potential for residential development subject to consents and a rear pedestrian access from  Westbrook Close.

SERVICES

Mains electricity, gas, water and sewerage.

ACCOMMODATION

  m2 [ft2]
GROUND FLOOR    
Retail Area 32.9 [354]
Office 8.0 [86]
Understairs Cupboard    
Lobby/Store 4.8 [52]
WCs    
Kitchen 14.4 [155]
Store 1 15.9 [171]
Store 2 10.8 [116]
GROUND FLOOR TOTAL 86.8 [934]
     
FIRST FLOOR    
Front Room 33.9 [365]
Rear Room 10.4 [112]
WCs    
FIRST FLOOR TOTAL 44.3 [477]
     
SECOND FLOOR    
Room 1 9.0 [97]
Room 2 9.8 [105]
Store 2.7 [29]
Room 3 15.8 [170]
Room 4 17.4 [187]
WC    
SECOND FLOOR TOTAL 54.7 [588]
     
THIRD FLOOR    
Room 5 10.2 [108]
Kitchen 4.3 [46]
WC    
THIRD FLOOR TOTAL 14.5 [154]
     
TOTAL 200.3 [2,153]

Approximate net internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition. 

ENERGY PERFORMANCE CERTIFICATE

D90 - Valid until 17/09/2035.

RATING ASSESSMENTS

Unit Description     RV
Ground Floor Shop £12,250
First Floor Hairdressing Salon £3,200
Room 1 Offices £790
Room 2 Offices £930
Room 3 Offices £1,550
Room 4 Offices £1,650
Room 5 Offices £810

BID [BUSINESS IMPROVEMENT DISTRICT]

The premises are within a BID and are subject to a charge of 2% of the Rateable Value per year if the Rateable Value is £10,000 or above so only the ground floor premises have to pay.

TENURE

Freehold.

LETTING

The ground floor shop is let to Denancial Ltd who are holding over on a 10 year FRI lease from 18/01/2013 subject to a non-downward rent review on 17/01/2017 and at a current rent of £20,000 pax.

PRICE

Offers invited in the region of £350,000.

VAT

VAT is not currently charged.

LEGAL COSTS

Each party to bear their own legal costs.

Ref: 1545C

 

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