Retail premises to let in Queensmead, Farnborough GU14

Location

The premises are located within the busy pedestrianised shopping centre within Farnborough known as Queensmead, surrounding occupiers include Poundland, Ryman Stationer, Peacocks Clothing, Shoe Zone, Greggs Baker, Boots Opticians, Millets, Clarks Shoes, Wimpy, New Look, Card Factory, Starbucks, Halifax, Bonmarche etc.

Description

The shop is a single retail unit in a prominent location. The shop is within a busy location with neigbouring retailers including the Greggs Bakery, Card Factory, Peacocks, Poundland etc.

Schedule of areas

Main Retail Area 655 ft2 60.85 m2
Internal Width tbc
Shop Area Depth tbc

Lease

The premises are available on a new lease with length of term by agreement.

Rent

A rent of £22,500 pax, plus VAT.

Service charge

For the period September 2019/20 is a figure of approximately £850 plus VAT.

Occupation Occupation date by agreement.

Business rates

The rateable value of the property is £12,250 which equates to approximately £6,112.75 payable for the year 2020/2021, however, if the premises are to be your only commercial property then you will qualify for the small business rates relief and with the Rateable Value at this level, only a small proportion of the business rates will be payable…. Please call the Business Rates Department at Rushmoor Borough Council for confirmation of the exact amount on .

Legal costs

Each party to bear their own legal costs in the matter.

Energy performance certificate

To be confirmed.