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Commercial Property for sale


Removed £275,000

Property Description

Key features

  • Investment Potential
  • Residential and Commercial property in need of development
  • Close to Shaftesbury town centre

Full description

Tenure: Freehold

Two residential properties in need of renovation plus shop and studio office

Commercial with part conversion potential
Convenient access to local amenities
Ideal investment opportunity

The property is situated at the top of the High Street (B3901) at the junction with Tout Hill opposite The Ship Inn and the Pay & Display car park in Shaftesbury town centre. It is within a short walk of the principle shopping areas including the Co-Op foodstore and the town's other amenities. There is also a Tesco Superstore on the eastern fringes of the City centre. Shaftesbury is an attractive town situated in the Blackmore Vale approximately 8 miles south of the A303 and lying some 20 miles west of Salisbury (via the A30).

1 Tout Hill is a two storey property currently providing three main rooms on the ground floor with three bedroom accommodation at first floor level plus a large bathroom. There is access to a yard area and garden to the rear.

3 High Street comprises a spacious two bedroom flat situated over the shop which includes a large kitchen and bathroom. The entrance is formed within the front elevation of 1 Tout Hill which leads to a lobby, off which there is a large cupboard (where there is potential to provide a ground floor WC) with staircase to the first floor (above 5 High Street).

5 High Street comprises a ground floor shop with front retail area leading to extensive ancillary accommodation including a large open plan office area at the rear from which there is secondary access off Toby's Court.. There are WC and bathroom facilities.

Situated at first floor level above the shop's ancillary accommodation there is an open plan Studio/Office which is accessed via an external timber staircase.

There is parking to the rear of the property comprising a tarmacadam area of triangular shape.

Subject to obtaining the necessary consents there is scope to convert the shop's ancillary areas, perhaps combining with the first floor studio to create a further residential unit(s).

1 Tout Hill
Ground floor entrance to
lobby with stairs to half
landing with access to:
Rear Room (overlooking
garage)3.92 x 3.32 m (12'10" x 10'11")
Kitchen (with access to
rear yard/garden)2.55 (av) x 3.71 m (8'4" (av) x 12'1"
Front Room3.02 x 3.46 m (av) (9'11" x 11'4" (av))
First Floor
Bedroom (1)3.54 x 3.37 m (11'7" x 11'1")
Large bathroom -
Bedroom (2)2.38 x 2.70 m (7'10" x 8'10")
Bedroom (3)4.51 (av) x 3.74 (av) (14'10" (av) x
(irregular shape)12'3 (av)

5 High Street (Shop)
(Approx net internal areas)
Retail sales38.4 sq m413 sq ft
(rear section partly masked)
Office10.8 sq m116 sq ft
General office51.0 sq m549 sq ft
WC x 2

Store7.8 sq m84 sq ft
Kitchen2.2 sq m23 sq ft
Total 110.2 sq m1,185 sq ft

High Street (Flat)
Ground floor entrance to lobby with:-
Room/cupboard 1.1 x 1.4 m (3'7" x 4'7")
Stairs to first floor landing:
Sitting room 4.86 x 3.99 m (15'11" x 13'1")
Large bathroom (with boiler)
Bedroom (1) 4.10 (max) x 3.51 m (13'5" x 11'6")
Bedroom (2) 3.98 (max) x 3.56 m (13'1" x 11'8")
Kitchen 4.87 (max) x 2.87 m (15'0" x 9'5")

First Floor Studio/Office
(Accessed via external staircase)57.9 sq m624 sq ft


Auction Guide:
275,000 VAT will be applicable. Please note a buyer's premium of 500 plus VAT will apply.

Auction Details:
To be sold at auction at The Milford Hall Hotel, Castle Street, Salisbury on Friday 30 September 2016 at 2.00 pm.

Please also see attached our General Conditions of Sale.

Legal Pack:
A legal pack is being prepared and will be made available to interested parties.

Council Tax/Business Rates:
1 Tout Hill - Council Tax Band C
3 High Street - Council Tax Band B
5 High Street - Rateable Value: 8,100
The Studio - Rateable Value: 2,950

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.

Mains electricity, gas, water and drainage are connected to both flats. Mains, electricity, water and drainage are connected to the shop and the studio.

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

Prospective purchasers must satisfy themselves as to the permitted planning uses for the property.

Energy Performance Certificate:
Certificates can be provided upon request.


Map & Street View

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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Woolley & Wallis, Salisbury on 01722 424524.

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