SOLD
06/06/24
2070
FarnLych / Rightbiz
Description
The Vault Real Estate proud to present this ground floor shop/office located on a busy high street in Farnborough, Hampshire. This fantastic opportunity allows you to benefit from neighbouring small businesses, on-street parking, and a prominent corner plot.
Specification
Floor Space
(Ground Floor)
Sales Floor 1641 x 1479
Back Room 1458 x 1180
W.C 989 x 410(Max)
Tenure
This premises is available by the way of a new FRI lease. Shorter and longer leases could be available via negotiations.
Planning & Usage
This premises currently holds A1 & A2 classes, permitting it to be used for general retail, financial and professional services. It may be suitable for further uses, which would be subject to planning permission and landlords approval.
VAT
It is believed that VAT is not payable.
Rateable Value
The current rateable value is 3,850, as obtained from the Valuations Office. Businesses who qualify maybe eligible for small business rate relief. Interested parties should contact the local authorities.
Services
None of the appliances and/or services have been tested and we advise any incoming tenant(s) to conduct their own assessments or tests.
Legal Costs
Each party is liable for their own legal and conveyancing costs.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.