LOCATION
The premises are located overlooking the junction of London Street and the inner ring-road just a few minutes' walk from Andover Town Centre.
DESCRIPTION
Prominent office / retail premises with laminate flooring, heating, lighting, kitchenette, WC and 1 parking space.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
|
| Office / Retail |
40.0 |
[430] |
|
| Kitchenette |
1.2 |
[13] |
|
| Rear Lobby |
|
|
|
| WC |
|
|
|
| TOTAL |
41.2 |
[443] |
|
Approximate net internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
| Rateable Value from 01/04/2023 |
£5,700.00 |
| Business Rates Payable 2024/25* |
£2,844.30 |
| 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.
BID [BUSINESS IMPROVEMENT DISTRICT]
The premises are not within a BID.
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.
ENERGY PERFORMANCE CERTIFICATE
E123 - Valid until 10/08/2032.
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
TERMS
To be let on a new FRI lease for a period to be agreed at a commencing rent of £12,000 pax [VAT is not currently charged].
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4157C
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