LOCATION
The premises are located in a prime position in Andover High Street close to Boots Opticians, BT/EE, Clintons, Costa, Greggs, H Samuel, HSBC, Savers & Wimpey.
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, three-storey, retail premises & flat with rear loading access and goods lift to all floors..
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Ground Floor Retail |
222.5 |
[2,395] |
| First Floor Ancillary |
136.3 |
[1,467] |
| Second Floor Ancillary |
56.1 |
[604] |
| Second Floor Flat |
52.3 |
[563] |
| |
|
|
| TOTAL |
467.2 |
[5,029] |
ENERGY PERFORMANCE CERTIFICATE
D89 - Valid until 15/09/20232.
RATING ASSESSMENT
| Rateable Value from 01/04/2017 |
£50,500.00 |
| Business Rates Payable 2022/23* |
£25,199.50 |
| |
|
| Rateable Value from 01/04/2023 |
£35,500.00 |
| Business Rates Payable 2023/24* |
£17,714.50 |
* This figure 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.
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 let on a new FRI lease for a period to be agreed at a commencing rent of £55,000 pax + VAT.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 3749C
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