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Lock-up shop on new local centre site. Approx 1,433 sq ft (133 sq m)
To Let : £25,000 per annum / For Sale : £350,000
Excellent coffee shop/restaurant potential
Serving a wide catchment of new homes
The development comprises the northern most local centre site at Augusta Park, East Anton which adjoins a recently constructed community centre, a care home and a primary school which forms the core of a housing estate which provides more than 2,500 new homes on the north-eastern outskirts of Andover.
Unit 4 comprises an end of terrace unit which forms part of a development of four units anchored by a large Co-Op convenience store. Unit 2 has been let as a pizza takeaway outlet while Unit 3 has been let to a fish and chip shop chain. The Unit has a fully glazed aluminium framed shop front with internal security shutter and further partial glazing along the side elevation which combines to provide a light and airy feel to the premises. A rear door provides access to the small service area.
Suspended ceiling with inset lighting
Perimeter dado trunking
Fully fitted WC facility.
As well as customer parking the Unit will be allocated one parking space.
Approximate Gross internal Areas
Unit 4 133.0 m2 1,433 ft2
Method of Disposal
The property is available on a new full repairing and insuring lease for a term to be agreed at a commencing rent of £25,000 per annum subject to regular upward only rent reviews.
Alternatively, the Unit is available to purchase on a new 999 year lease at a price of £350,000.
VAT will be applicable to both rent and price.
A service charge will be levied to cover the maintenance and upkeep of the common parts of the development (estimated sum based on proposed budget : £1,500 pa)
Estimated contribution towards the initial premium : approx £500 pa
To be assessed.
We understand that all mains services are connected to the property
Woolley and Wallis Commercial have not tested the services mentioned in these particulars.
Prospective tenants must satisfy themselves as to the permitted planning uses for the property.
Both parties reasonable legal costs are to be borne by the ingoing tenant.
Code of Practice
You should be aware that the Code of Practice on commercial leases in England and Wales recommends that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a business tenancy agreement. The code is available from professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk.
Financial and accountancy references will be sought from any prospective tenant prior to agreement.
Strictly by appointment only through Woolley & Wallis Commercial (01722 330333)