LOCATION
The premises are located in a prime position in Andover High Street close to Boots Opticians, BT/EE, Cards Direct,Costa, Greggs, H Samuel, HSBC, Lloyds Bank, Post Office & TG Jones.
The premises are well served by several nearby public car parks and Andover High Street hosts weekly markets on Thursdays and Saturdays together with monthly farmers' markets on Sundays.
DESCRIPTION
prime, ground floor shop with rear loading.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Ground Floor |
222.5 |
[2,395] |
| |
|
|
| TOTAL |
222.5 |
[2,395] |
ENERGY PERFORMANCE CERTIFICATE
D89 - Valid until 15/09/20232.
RATING ASSESSMENT
|
These are estimated figures as the upper floors are currently included in the Rateable Values.
|
|
| Rateable Value from 01/04/2023 |
£32,000.00 |
| Business Rates Payable 2025/26* |
£15,968.00 |
* 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 |
£33,000.00 |
| Business Rates Payable 2026/27* |
£12,606.00 |
BID [BUSINESS IMPROVEMENT DISTRICT]
The premises are within a BID and are subject to a charge of 2% of the Rateable Value per year ie £660.
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 let on a new effectively FRI lease for a period to be agreed at a commencing rent of £42,000 pax + VAT.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 3749C
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