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

4 SWAN COURT, EAST STREET, ANDOVER, SP10 1EZ

4403C

LOCATION

The premises are located in Swan Court, a development of 8 shops with maisonettes above, fronting East Street which is part of Andover's Inner Ring-Road, next to one of the main town centre car parks and only a couple of minutes walk from Andover's prime shopping area.

DESCRIPTION

Prominent, town centre, lock-up shop with suspended ceiling, recessed lighting, small storeroom & WC.

SERVICES

Mains electricity, water and sewerage.

ACCOMMODATION

  m2 [ft2]
Shop 29.0 [312]
Small Storeroom 3.0 [32]
WC    
TOTAL 32.0 [344]

ENERGY PERFORMANCE CERTIFICATE

D76 - Valid until 07/08/2027.

RATING ASSESSMENT

Rateable Value from 01/04/2017 £3,900.00
Business Rates Payable 2022/23* £1,946.10
With Small Business Rate Relief 2022/23 £0.00
   
Rateable Value from 01/04/2023 £4,350.00
Business Rates Payable 2023/24* £2,170.65
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. 

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 £10,000 pax+ VAT.

LEGAL COSTS

Each party to bear their own legal costs.

Ref: 4403C

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