LOCATION
The premises are located in a prominent town centre position at the junction of High Street, London Street and Winchester Street, close to several town centre car parks and with easy access to the A303 dual-carriageway.
DESCRIPTION
Attractive second floor office suite with heating, LED lighting, key pad entry system, kitchenette and shared use of WCs.
SERVICES
Mains electricity, gas, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
|
| Office Suite |
31.4 |
[338] |
|
| Shared use of WCs |
|
|
|
| |
|
|
|
| TOTAL |
31.4 |
[338] |
|
Approximate net internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
| Rateable Value from 01/04/2026 |
£3,550.00 |
| Business Rates Payable 2026/27 |
£1,871.25 |
| 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.
BID [BUSINESS IMPROVEMENT DISTRICT]
The premises are within a BID but as the Rateable Value is below £10,000 they are not subject to a charge of 2% of the Rateable Value per year.
ENERGY PERFORMANCE CERTIFICATE
C64 - Valid until 29/04/2031.
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.
TERMS
To let on a new 3 year lease with an option for the tenant to break at any time with 3 month’s notice at a rent of £500 per month payable by standing order which includes buildings insurance, cleaning & maintenance of common parts, electricity, fire alarm & fire extinguishers, heating, key pad entry system and water.
The tenant will be responsible for their own business rates which if these are the tenant’s only commercial premises in England should be nil, and refuse collection.
There will be a deposit equal to one month’s rent and the monthly rent will be subject to a positive RPI increase from 01 January each year.
VAT
VAT is not currently charged.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 3564CLHS
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