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

SECOND FLOOR, 4 BRIDGE STREET, ANDOVER, SP10 1BH

3140C Resized

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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