a2 retail premises to let - new lease terms - Realla
PROMINENT A1/A2 RETAIL PREMISES TO LET - NEW LEASE TERMS 870 sq ft [80.8 sq m]
Rear photo
Street view
27 LONDON STREET, ADOVER, HAMPSHIRE, SP10 2NU
PROMINENT UNIT WITH DOUBLE ASPECT SHOP FRONTS (FRONT FACING LONDON STREET AND REAR FACING GEORGE’S YARD) RETAIL OR FINANCIAL & PROFESSIONAL SERVICES USE. NEW LEASE TERMS.
27 London Street, Andover, Hampshire, SP10 2NU LOCATION
Andover has a population of approximately 40,500 and is scheduled to grow further over the next few years. Andover enjoys good access from the A303 West Country trunk road with the A34 Midlands to South Coast trunk road approximately 6 miles to the east. Other towns in the region include Winchester (15 miles), Basingstoke (22 miles), Newbury (20 miles) and Salisbury (20 miles). 27 London Street is situated in a good secondary position onto London Street and further benefits from having a shop front entrance to the rear facing one of the town’s main surface car parks. The accommodation is all ground floor and essentially open plan at the front and rear with a staff/meeting room. The premises benefit from male and female wc’s and a kitchenette facility.
ACCOMMODATION
Ground floor premises Frontage (front) Frontage (rear) Built depth Total NIA
14’ 1” 13’ 7” 66’ 9” 880 sq ft
[ 4.3 m] [ 4.2 m] [20.4 m] [80.8 sq m]
TERMS
New FR&I lease for a term to be agreed, subject to periodic upward only rent reviews.
RENT
Offers in the region of £24,000 per annum exclusive
LEGAL COSTS
Both parties’ legal costs are to be paid by the ingoing tenant.
ENERGY PERFORMANCE RATING AGENTS NOTES
1. The five yearly upward only rent reviews are to be greater of (a) market value; (b) the increase in the general retail price index over the preceding rent review period. 2. The landlord or their agents will levy an annual charge of 7.5% of gross rent passing for the management and supervision of the property. 3. The rent is payable quarterly in advance to the landlord by standing order to be th actioned on the 25 day prior to the monthly due date. 4. The property is VAT registered and the tax is payable on all rent and charges/costs levied by the landlord or their agents. 5. Directors’ personal guarantees and references will be required for Limited Company tenants. Authorised Guarantee Agreements will be standard for all tenants.
VIEWING
Strictly by appointment, through the sole agents
RUSSELL WARE LONDON CLANCY 01256 462222 [email protected] Misrepresentation Act 1967 – London Clancy for themselves and for the vendors/lessors of this property whose agents they are, give notice that: a) These particulars are set out as a general outline only for the guidance of intending purchasers/lessees and do not constitute part of an offer or contract. b) All descriptions, dimensions, references to condition and necessary permissions for use and other details are given in good faith and are believed to be correct, but any intending purchaser or lessee should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of teach of tem. c) We have not tested any of the service installations and any purchaser/lessee must satisfy themselves independently as to the state and condition of such items. d) No person in the employment of London Clancy has any authority to make or give any representations or warranties whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction B/569/R
Rear photo
Street view
27 LONDON STREET, ADOVER, HAMPSHIRE, SP10 2NU
PROMINENT UNIT WITH DOUBLE ASPECT SHOP FRONTS (FRONT FACING LONDON STREET AND REAR FACING GEORGE’S YARD) RETAIL OR FINANCIAL & PROFESSIONAL SERVICES USE. NEW LEASE TERMS.
27 London Street, Andover, Hampshire, SP10 2NU LOCATION
Andover has a population of approximately 40,500 and is scheduled to grow further over the next few years. Andover enjoys good access from the A303 West Country trunk road with the A34 Midlands to South Coast trunk road approximately 6 miles to the east. Other towns in the region include Winchester (15 miles), Basingstoke (22 miles), Newbury (20 miles) and Salisbury (20 miles). 27 London Street is situated in a good secondary position onto London Street and further benefits from having a shop front entrance to the rear facing one of the town’s main surface car parks. The accommodation is all ground floor and essentially open plan at the front and rear with a staff/meeting room. The premises benefit from male and female wc’s and a kitchenette facility.
ACCOMMODATION
Ground floor premises Frontage (front) Frontage (rear) Built depth Total NIA
14’ 1” 13’ 7” 66’ 9” 880 sq ft
[ 4.3 m] [ 4.2 m] [20.4 m] [80.8 sq m]
TERMS
New FR&I lease for a term to be agreed, subject to periodic upward only rent reviews.
RENT
Offers in the region of £24,000 per annum exclusive
LEGAL COSTS
Both parties’ legal costs are to be paid by the ingoing tenant.
ENERGY PERFORMANCE RATING AGENTS NOTES
1. The five yearly upward only rent reviews are to be greater of (a) market value; (b) the increase in the general retail price index over the preceding rent review period. 2. The landlord or their agents will levy an annual charge of 7.5% of gross rent passing for the management and supervision of the property. 3. The rent is payable quarterly in advance to the landlord by standing order to be th actioned on the 25 day prior to the monthly due date. 4. The property is VAT registered and the tax is payable on all rent and charges/costs levied by the landlord or their agents. 5. Directors’ personal guarantees and references will be required for Limited Company tenants. Authorised Guarantee Agreements will be standard for all tenants.
VIEWING
Strictly by appointment, through the sole agents
RUSSELL WARE LONDON CLANCY 01256 462222 [email protected] Misrepresentation Act 1967 – London Clancy for themselves and for the vendors/lessors of this property whose agents they are, give notice that: a) These particulars are set out as a general outline only for the guidance of intending purchasers/lessees and do not constitute part of an offer or contract. b) All descriptions, dimensions, references to condition and necessary permissions for use and other details are given in good faith and are believed to be correct, but any intending purchaser or lessee should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of teach of tem. c) We have not tested any of the service installations and any purchaser/lessee must satisfy themselves independently as to the state and condition of such items. d) No person in the employment of London Clancy has any authority to make or give any representations or warranties whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction B/569/R
