42 Bridge Street, Andover, Hampshire, SP10 1BW

Description

Andover is a town in the English county of Hampshire. The town is on the River Anton, a major source of the Test, and is situated alongside the major A303 trunk road at the eastern end of Salisbury Plain, 18 miles west of the town of Basingstoke, both major rail stops.

The subject property comprises a ground floor retail area with a kitchenette, W/C and benefits from large glass frontage. This property is available to lease or purchase.

Accommodation

Net Internal Area - 408 sq.ft (37.90 sq.m)

Planning

Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, café, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.

EPC Text

Asset Rating - D (98)

Rating

Rateable Value £7,900
Source - voa.gov.uk
The 2024/2025 small multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.
*If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.

Terms

Available by way of a new full repairing and insuring lease for a term to be agreed at £10,000 per annum exclusive of rates VAT (if applicable) and all other outgoings or available to purchase.

Alternatively, the property is available at an asking price of £110,000 for the freehold interest with vacant possession subject to contract.

Note: It is understood VAT is not payable on rents.