LOCATION
The premises are located in Swan Court, a development of 8 shops with maisonettes above, fronting East Street which is part of Andover's Inner Ring-Road, next to one of the main town centre car parks and only a couple of minutes walk from Andover's prime shopping area.
DESCRIPTION
Prominent, town centre, lock-up shop with suspended ceiling, recessed lighting, small storeroom & WC.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Shop |
29.0 |
[312] |
| Small Storeroom |
3.0 |
[32] |
| WC |
|
|
| TOTAL |
32.0 |
[344] |
ENERGY PERFORMANCE CERTIFICATE
D76 - Valid until 07/08/2027.
RATING ASSESSMENT
| Rateable Value from 01/04/2017 |
£3,900.00 |
| Business Rates Payable 2022/23* |
£1,946.10 |
| With Small Business Rate Relief 2022/23 |
£0.00 |
| |
|
| Rateable Value from 01/04/2023 |
£4,350.00 |
| Business Rates Payable 2023/24* |
£2,170.65 |
| With Small Business Rate Relief 2023/24 |
|
|
£0.00 |
* These figures could be reduced by 50% in the 2022/23 rating year and 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.
GRANT
A £1,200 grant may be available from Test Valley Borough Council - search TVBC Independent Retailer Grant.
TERMS
To let on a new FRI lease for a period to be agreed at a commencing rent of £10,000 pax+ VAT.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4403C
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