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

7 ANDOVER ROAD, LUDGERSHALL, SP11 9QD

3812C Resized

LOCATION

The premises are located close to the junction of High Street and Tidworth Road in the centre of Ludhershall.

Ludgershall is an expanding town with a population of 4,427 in the 2011 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 ground floor lock-up shop with lighting, kitchenette & WC.

SERVICES

Mains electricity, water and sewerage.

ACCOMMODATION

  m2 [ft2]
Shop 45.5 [490]
Kitchenette 4.9 [53]
WC    
TOTAL 50.4 [543]

ENERGY PERFORMANCE CERTIFICATE

Rating - To be assessed.

RATING ASSESSMENT

Rateable Value from 01/04/2017 £5,700.00
Business Rates Payable 2017/18 £2,656.20
With Small Business Relief 2017/18 £       0.00

TENURE

The premises are owned freehold with the benefit of 50% of the ground rent from the flat above 7, 7A & 7B Andover Road, Ludgershall which is held on the residue of a lease from 01 September 2007 - 31 december 2085 at a current ground rent of £100 pax rising to £200 pax from 25 december 2036 and £400 pax from 25 December 2061.

TERMS

EITHER FOR SALE FREEHOLD with the benefir of 50% of the ground rent as detailed above.

OR TO LET  on a new FRI lease for a period to be agreed at a commencing rent of £7,500 pax

VAT is not currently charged.

LEGAL COSTS

Each party to bear their own legal costs.

Ref: 3812C

 

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