DESCRIPTION
A Prominent Lock-Up Shop Set Within A Busy Town Centre Trading Position.
Location
LOCATION
The premises are located in this busy pedestrianised shopping centre within Farnborough known as Queensmead, nearby occupiers include Cake Box, Mooboo (Bubble Tea), Poundstretcher, Corals, Boots Opticians/hearing care, Wimpy, Lloyds Bank, Bonmarche, Halifax, Asia Oriental, Poppins restaurant etc.
Accommodation
ACCOMMODATION
Main Retail Area 684 sq ft (63.54 sq m)
Internal Width 16 ft (4.87 m)
Shop Area Depth 42’9 ft (13.10 m)
*Please note that this area includes the toilets and lobby to the rear of the property.
Terms
RENT
£22,500 pax, plus VAT.
TERMS
The premises are available on a new lease from the landlord with length of term by agreement (subject to existing lease surrender).
EXISTING LEASE
Please note that any new lease is subject to vacant possession and the surrender of the outgoing tenant’s existing lease, the existing tenant has said that he is interested in selling his hot food equipment and fittings if an incoming tenant is interested in purchasing these (further information on application).
SERVICE CHARGE
For the period September 2021/22 we understand the figure is £908.80 plus VAT paid quarterly in advance.
BUILDINGS INSURANCE
A figure of £270.68 plus VAT for the current year up to 24 March 2023.
BUSINESS RATES
The rateable value of the property is £17,250 which equates to approximately £8,607.75 payable for the year 2021/2022, although interested parties are advised to contact the Business Rates Department at Rushmoor Borough Council for confirmation 01252 398398.
ENERGY PERFORMANCE CERTIFICATE
Further information on application.
Specification
- Town Centre Shop
- Modern Shop Front
- Busy Retail Location