![3140C Resized](/res/3140C Resized1.jpg)
LOCATION
The premises are located in a prominent position in Bridge Street, just off Andover High Street, and close to several town centre car parks.
DESCRIPTION
The premises comprise an excellent second floor office suite with gas-fired central heating, lighting, 3 core perimeter trunking, laminate flooring, kitchenette and shared use of WCs.
SERVICES
Mains electricity, gas, water and sewerage.
ACCOMMODATION
|
m2 |
[ft2] |
|
Office Suite |
47.0 |
[506] |
|
TOTAL |
56.8 |
[611] |
|
Approximate net internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
Rateable Value from 01/04/2023 |
£3,750.00 |
Business Rates Payable 2024/25* |
£1,871.25 |
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.
BID [BUSINESS IMPROVEMENT DISTRICT]
The premises are within a BID but as the Rateable Value is below £10,000 they are not subject to a charge of 2% of the Rateable Value per year.
ENERGY PERFORMANCE CERTIFICATE
C51- Valid until 12/03/2033.
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 for a period to be agreed at a monthly fee, payable by standing order, which will include: rent; buildings insurance; cleaning of the common parts; and maintenance of boiler, fire alarm & fire extinguishers.
The tenant will be responsible for their own business rates [which should be zero with Small Business Rate Relief], refuse collection, electricity to the suite which is sub-metered, together with 37% of the electricity, gas and water to the common parts.
There will be a deposit of one month’s fee and the monthly fee will be subject to an annual RPI increase from 01 January each year.
MONTHLY FEE
£675.00 + VAT per month.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 3140C
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