Prime retail shop in popular pedestrianised location. Approx 1,082 sq ft (100.5 sq m)
The premises are situated in a prime shopping location in the centre of Salisbury to the south of The Market Square. Other well known occupiers in Butcher Row include White Stuff (next door), Whittards, L'Occitane, East, Vision Express, TReds Shoes, Timpsons, Goldsmiths, Patisserie Valerie, Costa Coffee, Reeves The Baker and City Cobbler.
Salisbury is an historic Cathedral City set in the heart of central southern England with a district population of 114,613 (source: 2001 census). There is a street market on Tuesdays and Saturdays and the district attracts over 3 million tourists a year.
The premises comprise the ground floor and basement of a Grade II Listed Building planned over four floors. The ground floor offers flexible open plan retail space while the lower ground floor provides storage accommodation and also kitchen/staff room and WC.
Shop width 5.0 m (16'5")
Shop depth 12.6 m (41'4")
Retail sales 52.4 sq m (564 sq ft)
Storage 34.9 sq m (376 sq ft)
Kitchen/staff room 13.2 sq m (142 sq ft)
The premises are available on a new full repairing and insuring lease by way of service charge for a term to be agreed to include regular upward only rent reviews.
£32,500 per annum.
Rateable Value: £34,500
The standard multiplier for the year 2015/16 is 49.3 p in the £.
The Small Business Rate multiplier for 2015/16 is 48.0 p in the £. Eligible rate payers on properties with a rateable value of less than £12,000 will also receive a percentage reduction in their rates bill. Where the rateable value does not exceed £6,000 a 100% reduction will apply in the current tax year.
We understand that mains electricity, water and drainage are all connected to the property.
Woolley and Wallis Commercial have not tested the services mentioned in these particulars.
Planning and VAT:
Prospective tenants must satisfy themselves as to the permitted planning uses for the property and also whether VAT is applicable to this transaction.
Both parties reasonable legal costs are to be borne by the ingoing tenant.
Code of Practice:
You should be aware that the Code of Practice on commercial leases in England and Wales recommends that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a business tenancy agreement. The code is available from professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk.
Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Energy Performance Certificate:
This property does not require an EPC as it is a Listed Building.