
LOCATION
The premises are located in a prime position in Andover High Street close to Boots Opticians, BT/EE, Clintons, Costa, Edinburgh Woollen Mill, Greggs, Savers and 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 with rear access and development potential (subject to planning).
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
|
m2 |
[ft2] |
Ground Floor Retail |
188.4 |
[2,028] |
Ground Floor Storage |
13.6 |
[146] |
First Floor Storage |
171.4 |
[1,845] |
Second Floor Staff Room |
32.0 |
[344] |
Second Floor WCs |
|
|
|
|
|
TOTAL |
405.4 |
[4,363] |
ENERGY PERFORMANCE CERTIFICATE
D92 -valid until 03/12/2025.
RATING ASSESSMENT
Rateable Value from 01/04/2017 |
£41,500.00 |
Business Rates Payable 2022/23* |
£10,354.25 |
* 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.
GRANT
A £1,200 grant may be available from Test Valley Borough Council - search TVBC Independent Retailer Grant.
BUSINESS IMPROVEMENT DISTRICT
The premises are withing a BID and are subject to a charge of 2% of the Rateable Value per year ie £830 pa.
TERMS
EITHER FOR SALE FREEHOLD
Price £700,000 + VAT
OR TO LET
On a new FRI lease for a period to be agreed at a commencing rent of £50,000 pax + VAT.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4536C
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