The Complete Property
& Land Specialists
  • Prime retail unit
  • Good City centre location
  • Available as two units or as a whole

Property Description

Prime double fronted shop 1,150 sq ft (106.8 sq m) plus ancillary or as two separate shops from 425 sq ft (39.9 sq m).
£18,000 per annum
Close to Market Square

Location:
Minster Street is one of the City's main thoroughfares which links Silver Street to Castle Street and is situated just off the Market Square. Other nearby occupiers include Bath Travel, HSBC Bank, Nationwide Building Society, Game, Starbucks, Boots and Rohan.

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.

Description:
The premises comprise a substantial double fronted retail property together with ancillary first and second floor accommodation over No. 15. Consideration will be given to splitting the accommodation into two separate units, subject to providing a new access into No. 15 and installing a new WC in No. 17. on the ground floor.

Accommodation:
Approx net internal areas:- No. 15 (lhs):- Shop Frontage 6.0 m (19'9"). Shop Depth 7.7 m (25'3"). Retail sales 39.5 sq m (425 sq ft); First floor ancillary 27.3 sq m (294 sq ft); Second floor ancillary 11.5 sq m (124 sq ft). Total 78.3 sq m (843 sq ft). No. 17 (rhs):- Shop Frontage 6.0 m (19'9"). Shop Depth 10.6 m (34'9" av.). Retail sales 59.1 sq m (636 sq ft).

Lease(s):
The property is available either as a whole or as separate units on new full repairing and insuring leases on terms to be agreed subject to regular upward only rent reviews.

Rent:
No 15 - £18,000 per annum
No 17 - £22,000 per annum
As a whole £35,000 per annum
Rent is exclusive of VAT (if applicable), business rates, buildings insurance, service charge and all other outgoings.

Rates:
Rateable value: £50,000 (as a whole)
The standard multiplier for the year 2014/15 is 48.2 p in the £.

Services:
We understand that mains electricity, water and drainage are connected to the property.

Caution:
Woolley and Wallis Commercial have not tested the services mentioned in these particulars.

Planning and VAT:
Prospective occupiers must satisfy themselves as to the permitted planning uses for the property.

Legal Costs:
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.

References:
Financial and accountancy references may be sought from any prospective tenant prior to agreement.

Energy Performance Certificate:
Graph to go here.

GeoTag:
51.069340;-1.796436

Map

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Salisbury

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