The shop is a single rectangle retail unit within this busy shopping scheme. At the rear of the shop there are ladies and gents WC’s with wash hand basins. The unit has central heating via radiators supplied from a gas boiler. To the rear of the unit there is access for deliveries and an area will be provided for bin storage.
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
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
Terms
LEASE
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).
RENT
£22,500 pax, plus VAT.
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 £15,000 which equates to approximately £7,485 payable for the year 1 st April 2023, although interested parties are advised to contact the Business Rates Department at Rushmoor Borough Council for confirmation 01252 398398.
LEGAL COSTS
Each party to bear their own legal costs in the matter.
ENERGY PERFORMANCE CERTIFICATE
Further information on application.