LOCATION
The premises are located at the junction of High Street and Tidworth Road in the centre of Ludgershall.
Ludgershall is an expanding town, with a population of 5,390 [2021 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
Ground floor shop/office with heating, lighting, kitchenette, WC and free car park opposite.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
| |
m2 |
[ft2] |
| Shop/Office |
51.4 |
[553] |
| Kitchenette |
2.7 |
[29] |
| WC |
|
|
| TOTAL |
54.1 |
[582] |
Approximate net internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
| Rateable Value from 01/04/2023 |
£8,600.00 |
| Business Rates Payable 2024/25* |
£4,291.40 |
| With Small Business Rate Relief* |
£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 their premises from 01 April 2017 is less than £15,000.
* These figures 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.
ENERGY PERFORMANCE CERTIFICATE
B41 - valid until 14/06/2032.
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 £11,000 pax.
VAT is not currently charged.
SERVICE CHARGE
There will be a service charge to cover maintenance of common parts and insurance of the building.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4554C
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