LOCATION
The premises are located at the Junction of High Street and Tidworth Road in the centre of Ludgershall.
Ludgershall is an expanding town, with a population of 5,390 [2021 Census], situated some 9 miles north-west of Andover on the Hampshire / Wiltshire border and has an excellent range of local amenities including supermarkets, shops, primary school, secondary school, leisure centre and the historic ruins of Ludgershall Castle.
DESCRIPTION
A prominent, ground floor shop/office with lighting, carpets, kitchenette, WC and free car park opposite.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Entrance Lobby |
3.8 |
[41] |
| Main Retail/Office Area |
37.1 |
[400] |
| Office |
10.9 |
[117] |
| Store |
3.9 |
[42] |
| Kitchenette |
4.5 |
[48] |
| WC |
|
|
| TOTAL |
60.2 |
[648] |
Approximate net internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
| Rateable Value from 01/04/2023 |
£8,800.00 |
| Business Rates Payable 2024/25* |
£4,391.20 |
| With Small Business Rate Relief 2024/25 |
£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.
* This figure could be reduced by 75% in the 2024/25 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.
ENERGY PERFORMANCE CERTIFICATE
E109 - Valid until 12/06/2033.
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
TENURE
Freehold.
TERMS
EITHER FOR SALE
Price £140,000
OR TO LET
On a new FRI lease for a period to be agreed at a commencing rent of £11,000 pax.
VAT is not currently charged.
SERVICE CHARGE
There will be a service charge to cover maintenance of common parts, management of the development and insurance of the building.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4094C
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