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£2083 pcm Tenant Info

High Street, Andover

  • Available On: 02/07/2018
  • Office Ref: P2269
  • Commercial Property
  • Andover
  • Commercial

Belvoir are delighted to bring to the market this substantial 1860 sq ft (approx.) retail property over two floors in a prime `sweet spot` location of the High Street and therefore achieves maximum levels of footfall. The property is presently let to a luxury Jewellery retailer who is re locating. The property benefits from well-presented retail area, workshop and storage area to the rear, alarm system, office space on the first floor, toilet and kitchen area and rear access to car park.

For the smaller business, the property benefits from being NOT VAT elected

Ground Floor consists of: Retail Space and workshop: 1345 sq ft
First Floor: 515 sq ft

Other brands in this location inc: Boots, WH Smith, HSBC Bank, Superdrug and others.

Rent in the first year £25,000
Second year £30,000
Third and all consecutive years: £35,000

There is a reserved parking space to the rear at an optional £900pa.

Picturesque market town located in the affluent Test Valley area of Hampshire
£2.9m has been invested to extend and refurbish the bus station
Further improvements underway to the town and community as part of the Andover Vision 20 year plan
Strategic location adjacent to A303 and within easy reach of the M3 & M4
Various car parks close by including a multi storey
Andover has a number of core brands on the High Street that include Top Shop, Ernest Jones, Costa Coffee, Poundland, Boots, Argos, TK Maxx etc etc.
Strong annual footfall of circa 7 million
Catchment ; there is an affluent shopper catchment of approx 150,000 people drawing from the surrounding wealthy villages including Stockbridge and The Wallops
Growing population ; there is substantial housing expansion underway with an additional 8250 dwellings to be built by 2029 with 6516 of those earmarked for Andover. There are recent communications and existing commitments at Picket Twenty & Augusta Park.
Low unemployment; the town benefits from very low unemployment compared to the national average.
Loyal customers ; people living in the core catchment area visit the town centre more than 70 times a year (rct 2010)

PLEASE NOTE: The dimensions above have been sourced from a government site and are not guaranteed. Belvoir recommend that you do your own due diligence on the property prior to entering into any legal agreement.

Viewings: All appointments must be made through Belvoir! By calling . Please note that these Property Particulars are issued on the strict basis that all initial contact in connection with this business is conducted through Belvoir! Who are appointed by the vendor to act under a Sole Agency agreement. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for Let.

Finance for purchasing A commercial or retail property: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for such property. Whether you are purchasing a commercial or retail property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Belvoir! For themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-

(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.

(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Belvoir! For the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.

(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.

(IV) Belvoir! Do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Belvoir! For any error, omission or mis-statement in these particulars. Belvoir! Do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.

(V) Belvoir! Are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.

(VI) All statements and descriptions are made without responsibility or warranty by Belvoir!, the vendors or lessees. Neither do Belvoir! Nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.

(VII) No person in the employment of Belvoir! Has any authority to make or give any representation or warranty whatever in relation to this property.

(VIII) It should not be assumed that the contents of any photographs are included in the sale.
* Sizes listed are approximations.

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