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

99 HIGH STREET, ANDOVER, SP10 1ND

3411C resized 2024

LOCATION

The premises are located in Andover’s Upper High Street close to several town centre car parks.

DESCRIPTION

The premises comprise a two-storey, former fish & chip shop with living accommodation above which is accessed through the shop, and a useful basement below. There is a possibility of constructing a rear extension subject to planning consent.

SERVICES

Mains electricity, gas, water and sewerage.

ACCOMMODATION

  m2 [ft2]  
       
BASEMENT 29.5 [318]  
       
GROUND FLOOR RETAIL      
Ground Floor Shop 40.8 [439]  
Separate WC Block      
RETAIL TOTAL 40.8 [439]  
       
FIRST FLOOR RESIDENTIAL      
Room 1 19.3 [208]  
Room 2 6.1 [66]  
Bathroom 5.5 [59]  
RESIDENTIAL TOTAL 30.9 [333]  

Approximate net internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.

RATING ASSESSMENTS

RETAIL

Rateable Value from 01/04/2023 £5,200.00
Business Rates Payable 2024/25* £2,594.80
With Small Business Rate Relief 2024/25  £0.00

* 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.

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 their premises is less than £15,000.

RESIDENTIAL

Council Tax Band A
Council Tax Payable 2024/25 £1,389.24

ENERGY PERFORMANCE CERTIFICATE

To be assessed.

BUSINESS IMPROVEMENT DISTRICT

The premises are within a BID but as the Rateable Value is below £10,000 are not subject to a charge of 2% of the Rateable Value per year.

GRANT

A £1,200 grant may be available from Test Valley Borough Council - search TVBC Independent Retailer Grant.

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.

TENURE

Freehold.

PRICE

£200,000 [VAT is not currently charged].

LEGAL COSTS

Each party to bear their own legal costs.

Ref: 3411C

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