LOCATION
The premises are located in George Yard, just off Andover High Street and next to the George Yard Public Car Park.
DESCRIPTION
Delightful town centre lock-up shop in Grade II Listed Building currently partitioned into four rooms plus kitchenette & WC.
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
|
m2 |
[ft2] |
|
Retail Area |
54.0 |
[581] |
|
Kitchenette |
3.7 |
[40] |
|
WC |
|
|
|
|
|
|
|
TOTAL |
57.7 |
[621] |
|
ENERGY PERFORMANCE CERTIFICATE
B36 - Valid until 30/06/2033.
RATING ASSESSMENT
Rateable Value from 01/04/2023 |
£11,750.00 |
Business Rates Payable 2024/25* |
£5,863.25 |
With Small Business Rate Relief 2022/23 |
£0.00 |
* 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 within a BID and are subject to a charge of 2% of the Rateable Value per year ie £235.
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
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.
TERMS
To be let on a new FRI lease for a period to be agreed at a commencing rent of £15,000 pax + VAT.
SERVICE CHARGE
There will be a service charge to cover maintenance of common parts, management of the development and insurance of the building.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4598C
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