LOCATION
The premises are located in a prominent position in Bridge Street, just off Andover High Street, close to a number of town centre car parks and close to a number of household names including Iceland, NatWest and Wilko.
DESCRIPTION
Prominent ground floor lock-up shop currently partitioned into 4 rooms plus kitchenette withs uspended ceilings, air-conditioning, heating, lighting, WCs and rear loading.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Retail Area |
134.4 |
[1,447] |
| WCs |
|
|
| |
|
|
| TOTAL |
134.4 |
[1,447] |
ENERGY PERFORMANCE CERTIFICATE
D94 - valid until 26/11/2030
RATING ASSESSMENT
| Rateable Value from 01/04/2017 |
£21,250.00 |
| Business Rates Payable 2022/23* |
£5,301.88 |
* These figures includes the 50% reduction for the 2022/23 rating year set out in the relief scheme for retail, hospitality and leisure properties up to a maximum of £110,000 per business.
GRANT
A £1,200 grant may be available from Test Valley Borough Council - search TVBC Independent Retailer Grant.
BUSINESS IMPROVEMENT DISTRICT
The premises are withing a BID and are subject to a charge of 2% of the Rateable Value per year ie £425 pa.
TENURE
The premsies are held on the residue of a 250 year ground lease from 29 September 2009 at a ground rent of one peppercorn, if demanded.
TERMS
EITHER FOR SALE
Price £325,000 + VAT for the ground lease interest described above.
OR TO LET
On a new FRI lease for a period to be agreed at a commencing rent of £27,000 pax + VAT
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4253C
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