Property photos
£320,000
Retail premises for sale
1 High Street, Salisbury, Wiltshire SP1Local area information
Property location
Nearby amenities
- Bishop Wordsworth's Grammar School 0.2 miles
- Clannad Education Centre (SEN) 0.3 miles
- Salisbury 0.4 miles
- Dean (Wilts) 7.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Salisbury to find out more about the local area.
Features and description
Shop with upper floors situated at busy City Centre junction. Ground floor sales 474 sq ft (44.04 sq m)
First and second floor ancillary 1,002 sq ft (93.15 sq m)
| Excellent footfall
| New lease
| Near Magnet, Caffe Nero, Waterstones, Trespass etc
Location
The property is situated at a busy junction at the northern end of the High Street, a mainly pedestrianised shopping location which also provides access to Old George Mall. Neighbouring occupiers are Cupp Bubble Tea and Magnet while nearby occupiers include Trespass, Caffe Nero, Waterstones, Boston tea Party and New Look. There are a number of pay and display car parks nearby.
Description
The ground floor provides a broadly rectangular shaped retail sales area currently fitted with a vinyl floor covering and a suspended ceiling with inset lighting. There are stairs at the rear of the shop leading to the upper floors. The first floor provides a staff kitchen and WC together with a partitioned store and open plan room at the front of the property. There is a fire escape at the rear. The second floor provides one large open plan room.
Accommodation
Approx Net internal areas
Ground Floor
Internal frontage 4.20 m 13’9”
Shop depth 11.30 m 37’1”
m2 ft2
Ground floor sales 44.04 474
First Floor
Staff kitchen 3.62 39
Storage 39.6 426
Second Floor
Storage 49.93 537
Total 137.19 1,476
Tenure
For Sale: Available freehold at an asking price of £320,000
or,
To Let: On a new fully repairing and insuring lease for a term to be agreed at an asking rent of £23,000 per annum, subject to regular upward only rent reviews.
VAT will not be applicable, we are advised.
Rent is exclusive of business rates, buildings insurance and all other outgoings.
Business Rates
The Rateable Value is £18,750.
The Small Business Rate Multiplier for the year 2024/25 is 49.9p in the £.
Services
We understand that mains electricity, water and drainage are connected to the property.
Caution
Woolley & Wallis Commercial have not tested the services mentioned in these particulars.
Planning
Prospective tenants must satisfy themselves as to the permitted planning uses for the property.
Legal Costs
Each party to be responsible for their own legal fees incurred in the transaction.
Code of Practise
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
References
Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Energy Performance Certificate
EPC Rating: 'D' (81)
Viewing
Strictly by appointment only through the sole agents Woolley & Wallis Commercial .
First and second floor ancillary 1,002 sq ft (93.15 sq m)
| Excellent footfall
| New lease
| Near Magnet, Caffe Nero, Waterstones, Trespass etc
Location
The property is situated at a busy junction at the northern end of the High Street, a mainly pedestrianised shopping location which also provides access to Old George Mall. Neighbouring occupiers are Cupp Bubble Tea and Magnet while nearby occupiers include Trespass, Caffe Nero, Waterstones, Boston tea Party and New Look. There are a number of pay and display car parks nearby.
Description
The ground floor provides a broadly rectangular shaped retail sales area currently fitted with a vinyl floor covering and a suspended ceiling with inset lighting. There are stairs at the rear of the shop leading to the upper floors. The first floor provides a staff kitchen and WC together with a partitioned store and open plan room at the front of the property. There is a fire escape at the rear. The second floor provides one large open plan room.
Accommodation
Approx Net internal areas
Ground Floor
Internal frontage 4.20 m 13’9”
Shop depth 11.30 m 37’1”
m2 ft2
Ground floor sales 44.04 474
First Floor
Staff kitchen 3.62 39
Storage 39.6 426
Second Floor
Storage 49.93 537
Total 137.19 1,476
Tenure
For Sale: Available freehold at an asking price of £320,000
or,
To Let: On a new fully repairing and insuring lease for a term to be agreed at an asking rent of £23,000 per annum, subject to regular upward only rent reviews.
VAT will not be applicable, we are advised.
Rent is exclusive of business rates, buildings insurance and all other outgoings.
Business Rates
The Rateable Value is £18,750.
The Small Business Rate Multiplier for the year 2024/25 is 49.9p in the £.
Services
We understand that mains electricity, water and drainage are connected to the property.
Caution
Woolley & Wallis Commercial have not tested the services mentioned in these particulars.
Planning
Prospective tenants must satisfy themselves as to the permitted planning uses for the property.
Legal Costs
Each party to be responsible for their own legal fees incurred in the transaction.
Code of Practise
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
References
Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Energy Performance Certificate
EPC Rating: 'D' (81)
Viewing
Strictly by appointment only through the sole agents Woolley & Wallis Commercial .
More information
Listed by
Woolley & Wallis Commercial
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