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

2B UNION STREET, ANDOVER, SP10 2PA

4189C2B RESIZED

LOCATION

The premises are located in Union Street, just off Andover High Street, and next to two town centre car parks.

DESCRIPTION

Ground floor retail / office premises with heating, lighting & WC.

SERVICES

Mains electricity, water and sewerage.

ACCOMMODATION

  m2 [ft2]  
Ground Floor 50.1 [539]  
WC      
       
TOTAL 50.1 [539]  

ENERGY PERFORMANCE CERTIFICATE

E109 - Valid until 14/07/2030.

RATING ASSESSMENT

Rateable Value from 01/04/2017 £11,500.00
Business Rates Payable 2022/23* £5,738.50
With Small Business Rate Relief 2022/23 £0.00
   
Rateable Value from 01/04/2023 £11,500.00
Business Rates Payable 2023/24* £5,738.50
With Small Business Rate Relief 2023/24  £0.00

* These figures could be reduced by 50% in the 2022/23 rating year and 75% in the 2023/24 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.

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 more.

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 FRI lease for a period to be agreed at a commencing rent of £15,000 pax + VAT.

LEGAL COSTS

Each party to bear their own legal costs.

Ref: 4189C2B

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