Description
*Year 1 Rental Incentive - up to 6 months rent-free!*
The subject property is found on New Canal in the historic City of Salisbury, directly opposite Fish Row and Butcher's Row which leads to the Guildhall and central Market Square. The location is very well served by public transport while the nearest parking is at the Old George Mall multi-storey or Brown Street open-air car park.
The unit is positioned between an ODEON cinema and Mountain Warehouse, with neighbouring businesses including Clarks, Marks & Spencer, Vision Express, White Stuff, Specsavers and Boots. There is a wide array of independent boutiques, local, regional and national occupiers such as Costa, Reeve The Baker, Nando's, Pret a Manger, Coffee #1, Cote, Giggling Squid, Mcdonald's and TK Maxx.
This mid-terrace three-storey building is a former Santander Bank, with the air-conditioned ground floor being vacant at present and a dentist occupying the upper floors. The unit is open-plan in nature with ancillary stores/staff area and WCs to the rear of the space.
It currently has A3 permission (which we anticipate will now be Class E) following a successful change of use in 2016, and has been operating as a dessert parlour, however please note that there is currently no commercial kitchen/extraction in situ.
ACCOMMODATION
We have identified an approximate net internal area of 1,868 sq ft / 173.5 sq m.
TENURE
Available to let on a new FRI lease on terms to be agreed, at a guide rent of £50,000 pa exclusive of VAT, buildings insurance premium, business rates, utilities and other costs, as applicable.
EPC RATING
Rated C (53) under certificate reference 0270-3905-0398-4470-9044.
RATEABLE VALUE
Online enquiry via www.voa.gov.uk indicates a rateable value of £50,000, effective from 1st April 2023, suggesting rates payable of c. £24,950 pa. The government is providing a further 75% relief to Retail, Hospitality, Leisure businesses until April 2025. For further information on business rates, interested parties should always contact the relevant Local Authority.
LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction. It is to be established if the property is elected for VAT purposes.
VIEWINGS
All enquiries and appointments to view must be made via contacting Trinity Rose Commercial on 01962 888900 or by emailing commercial@trinity-rose.co.uk
The subject property is found on New Canal in the historic City of Salisbury, directly opposite Fish Row and Butcher's Row which leads to the Guildhall and central Market Square. The location is very well served by public transport while the nearest parking is at the Old George Mall multi-storey or Brown Street open-air car park.
The unit is positioned between an ODEON cinema and Mountain Warehouse, with neighbouring businesses including Clarks, Marks & Spencer, Vision Express, White Stuff, Specsavers and Boots. There is a wide array of independent boutiques, local, regional and national occupiers such as Costa, Reeve The Baker, Nando's, Pret a Manger, Coffee #1, Cote, Giggling Squid, Mcdonald's and TK Maxx.
