Office to let in Office Suites, Merchants House, High Street, Bishops Waltham, Hampshire SO32

Description

Bishops Waltham is an attractive medieval market town situated approximately 11.5 miles from Winchester and 17 miles from Portsmouth. It benefits from a wealthy catchment area and growing population.

The premises is located on High Street next to/above the popular, well-known Josie's, nearby occupiers also include, Costa Coffee, Boots Pharmacy and The Co-operative Food.

The office suites are located on the ground and first floor and are available separately or combined. Communal kitchen and WC facilities
are also available.

Note: Parking is available in nearby public car parks.

Accommodation

Office 1 258 sq.ft (23.97 sq.m)
Office 2 - let
Office 3 287 sq.ft (26.66 sq.m)
Office 4 - let
Office 5 242 sq.ft (22.48 sq.m)
Total Internal Area 258 - 1,030 sq.ft (23.97 - 95.69 sq.m)


Planning

Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe`, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.

EPC Text

Asset Rating:
Office 1- D80
Office 3 - C61
Office 4 - C69
Office 5 - C72

Rating

Rateable Value
Ground floor - tbc
First Floor - £6,800
Source -

The 2018/2019 standard multiplier is 0.493 (49.3p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.
* If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable.

Terms

Available by way of effectively Full Repairing and Insuring leases for terms to be agreed at initial rents of:
Office 1 (ground floor): £6,000 per annum (£500 per calendar month)
Office 2 (first floor) : £10,500 per annum (£875 per calendar month)
Office 3 (first floor): £6,500 per annum (£541,67 per calender month)
Combined: £23,000 per annum (£1,916.67 per calendar month)
All rents are exclusive of rates, VAT (if applicable) and all other outgoings. There is a service charge to cover communal costs.

All interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy.