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New Canal, Salisbury, Wiltshire, SP1

£4,167 pcm
£50,000 pa

£26.77 per sq ft

Business rates & charges may apply

Trinity Rose Commercial, Winchester
SIZE AVAILABLE

1,868 sq ft

174 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
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Key features

  • To Let – ground floor mid-terrace retail unit
  • Guide Rent - £50,000 pax
  • New FRI lease on terms to be agreed
  • Rent-free incentive proposed by Landlord
  • Rateable Value: £50,000
  • Net internal area of 1,868 sq ft / 173.5 sq m
  • Fully glazed frontage extending to 8.23m
  • Open-plan air-conditioned retail unit
  • Customer WC facilities, ancillary stores area
  • Prime trading location in historic Salisbury

Description

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 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 or by emailing

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.

Brochures

New Canal, Salisbury, Wiltshire, SP1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Salisbury Station0.5 miles

About Trinity Rose Commercial, Winchester

Trinity House, 123 Winchester Road, Chandler's Ford, Hampshire, SO53 2DR

Trinity Rose Commercial, Winchester

Our Commercial Agency team has a wealth of experience in retail, offices, industrial, care and leisure sectors, providing independent advice to our commercial property clients, across Hampshire and Surrey.

The Commercial team at Trinity Rose Chartered Surveyors offers a suite of commercial property solutions that are tailored to suit your market sector and property type. From marketing property for sale and to let to conducting rent reviews for tenants and creating planned maintenance p

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Notes

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Disclaimer - Property reference COM240023_L. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Trinity Rose Commercial, Winchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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