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Retail Property (high street) to rent

Station Hill, Chippenham, Wiltshire, SN15

Let Agreed £9,500 pa (£792 pcm)
521 sq. ft.

Property Description

Commercial information

  • 521 sq ft (48 sq m)
  • Use class orders: A1 Shops

Letting information:

Furnishing: Unfurnished

Key features

  • Located on busy road
  • Close to shops, restaurants, railway station, college & sports centre
  • 2 parking spaces
  • Well presented internally
  • Basement storage

Full description

Tenure: Leasehold

LOCATION
Chippenham is a busy and expanding town with a population of approximately 40,000 people.
Station Hill is a very busy road benefitting from a high level of pedestrian and vehicular traffic linking the town centre with Chippenham's mainline railway station; Wiltshire College and the Olympiad Sports Centre.

The property is close to the junction with New Road, with nearby occupiers including Prezzo and Sainsbury's Local.

The property has 2 parking spaces at the rear accessed from St Mary's Place, with 2 hour free parking available at the front on Station Hill and longer term pay & display parking available opposite/ adjacent to Sainsbury's and at the Railway Station.

DESCRIPTION
The shop unit has a doorway central to the shop front leading to the front retail area with laminate floor covering and a suspended ceiling with integral spot lights.

Steps lead up to the rear retail area which is carpeted and has spot lighting. Doors lead out to the rear car parking area.

From the front area, a doorway and stairs lead to the basement providing a good storage area together with a single toilet and base kitchen unit with sink and drainer.

ACCOMMODATION
Front retail area 23.57 sq.m 253 sq.ft
Rear retail area 24.89 sq.m 268 sq.ft
Basement 24.30 sq.m 261 sq.ft
Single toilet

Two parking spaces are allocated at the rear of the property.

LEASE
The property is held by way of an internal repairing and insuring lease for a term of 5 years from 24th February 2015. There is a tenant's break option available on 24th February 2018 upon giving to the Landlord no less than 6 months prior Notice.

The lease is outside the renewal provisions of the Landlord & Tenant Act 1954.

RENT
9,500 per annum exclusive of VAT.

TERMS
The lease is offered for assignment, subject to Landlord's consent.

BUSINESS RATES
We are informed by the Valuation Office Agency website that the property is currently assessed at a Rateable Value of 7,200.

All non domestic properties are to be subject to a rates revaluation effective from April 2017. The draft rating list from that date proposes a new rateable value from April 2017 of 7,700.

ENERGY PERFORMANCE CERTIFICATE
The property has been assessed for energy efficiency and given an Asset Rating of 122 within Band E.

A copy of the Certificate and Recommendation Report is available from the agent on request.

SERVICES
The property has the benefit of mains water, drainage and electricity. There is no fixed form of heating provided in the unit.

No tests have been undertaken on any of the services supplied. We recommend prospective tenants satisfy themselves that they meet their occupational requirements and meet current regulations.

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in any transaction.


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