LOCATION
The premises are located in the pedestrianised Andover High Street close to Clarks Shoes, Savers & Specsavers.
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
Two adjoining two-storey shops with rear loading and close to Clarks Shoes, Savers & Specsavers.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
|
| 79 HIGH STREET |
|
|
|
| Ground Floor |
159.3 |
[1,715] |
|
| First Floor |
122.9 |
[1,323] |
|
| 79 HIGH STREET TOTAL |
282.2 |
[3,038] |
|
| |
|
|
|
| 81 HIGH STREET |
|
|
|
| Ground Floor |
180.8 |
[1,946] |
|
| First Floor |
136.6 |
[1,470] |
|
| 81 HIGH STREET TOTAL |
317.4 |
[3,416] |
|
| |
|
|
|
| 79 & 81 HIGH STREET TOTAL |
599.6 |
[6,454] |
|
ENERGY PERFORMANCE CERTIFICATE
C74 - Valid until 02/08/2031
RATING ASSESSMENT
| Rateable Value from 01/04/2023 |
£39,750.00 |
| Business Rates Payable 2023/24* |
£19,835.25 |
* This figure could be reduced by 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.
BID [BUSINESS IMPROVEMENT DISTRICT]
The premises are within a BID and are subject to a charge of 2% of the Rateable Value per year as 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.
TENURE
Freehold.
TERMS
EITHER FOR SALE
| 79 High Street |
£400,000 |
| 81 High Street |
£410,000 |
OR TO LET
On new FRI leases for periods to be agreed at the following commencing rents:
| 79 High Street |
£33,500 pax |
| 81 High Street |
£34,500 pax |
VAT is not currently charged.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4369C&4323C
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