LOCATION
The premises are located in Andover High Street overlooking the Market Place, next to Lloyds Bank, C & M DIY Centre, Nationwide Building Society, Bet Fred, Wetherspoons & Peacocks and opposite Ladbrokes, Hays Travel, Poundland & Superdrug.
George Yard immediately to the left of the premises houses a number of independent shops and leads to the George Yard Public Car Park to the rear.
DESCRIPTION
Three storey retail & office premises with planning permission for conversion of the upper floors into three one-bedroomed flats.
There may be the possibility of building a fourth flat at second floor level, subject to the necessary consents.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| GROUND FLOOR SHOP |
|
|
| Retail Area |
56.7 |
[610] |
| Inner Lobby |
5.4 |
[58] |
| Storage/Staffroom |
39.7 |
[427] |
| WC |
|
|
| Staircase Lobby |
|
|
| TOTAL GROUND FLOOR |
101.8 |
[1,095] |
| |
|
|
| FIRST FLOOR OFFICES |
|
|
| Landing |
|
|
| Office 1 |
13.2 |
[142] |
| Office 2 |
25.2 |
[271] |
| Office 3 |
53.1 |
[572] |
| TOTAL FIRST FLOOR |
91.5 |
[985] |
| |
|
|
| SECOND FLOOR OFFICES |
|
|
| Landing |
|
|
| Office 4 |
16.1 |
[173] |
| Office 5 |
12.7 |
[137] |
| Office 6 |
16.9 |
[182] |
| Kitchen |
9.7 |
[104] |
| TOTAL SECOND FLOOR |
55.4 |
[596] |
| |
|
|
| TOTAL ALL FLOORS |
248.7 |
[2,676] |
ENERGY PERFORMANCE CERTIFICATE
To be assessed.
RATING ASSESSMENTS
| Ground Floor Shop |
£17,500 |
| First Floor Offices |
£8,500 |
| Second Floor Offices |
£4,750 |
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 the Ground Floor Shop will pay £350 per year but the Offices on the upper floors will be exempt.
TENURE
Freehold.
TERMS
Offers invited in the region of £450,000.
VAT is not currently charged.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 3648C
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