LOCATION
The premises are located in Shaws Walk, a pedestrian thoroughfare between Hays Travel & Poundland.
DESCRIPTION
A small, town centre, lock-up shop just off Andover High Street with lighting, kitchenette & WC.
ACCOMMODATION
| |
m2 |
[ft2] |
|
| Shop & Kitchenette |
21.3 |
[229] |
|
| WC |
|
|
|
| |
|
|
|
| TOTAL |
21.3 |
[229] |
|
SERVICES
Mains electricity, water and sewerage.
RATING ASSESSMENT
| Rateable Value from 01/04/2023 |
£4,550.00 |
| Business Rates Payable 2025/26* |
£2,270.45 |
| With Small Business Rate Relief 2025/26 |
£0.00 |
* This figure could be reduced by 40% in the 2025/26 rating year if the occupier qualifies for the relief scheme for retail, hospitality and leisure properties up to a maximum of £110,000 per business.
| Rateable Value from 01/04/2026 |
£4,650.00 |
| Business Rates Payable 2026/27* |
£1,776.43 |
| With Small Business Rate Relief 2026/27 |
£0.00 |
In England and Wales small businesses are generally entitled to Small Business Rate Relief if they only occupy one commercial property and the Rateable Value of that property is less than £15,000.
BUSINESS IMPROVEMENT DISTRICT
The premises are within a BID but as the Rateable Value is under £10,000 will not be subject to a BID Levy.
ENERGY PERFORMANCE CERTIFICATE
D90 - valid until 15/08/2026
LEASING BUSINESS PREMISES
The Code for Leasing Business Premises, England and Wales 2020 is available to download at: www.rics.org/globalassets/code-for-leasing_ps-version_feb-2020.pdf
CAR PARKING SEASON TICKETS
Test Valley Borough Council usually have season tickets available in some of the town centre parks. See www.testvalley.gov.uk or telephone 01264 368000.
GRANT
A £1,200 grant may be available from Test Valley Borough Council - search TVBC Independent Retailer Grant.
TERMS
To be let on a new internal plus window & door decorating & repairing lease for a period to be agreed at a commencing rent of £750 per month. [VAT is not currently charged].
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4015C2G
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