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103B Fisherton Street, Salisbury, Wiltshire, SP2

Fixed Price
£99,000

£137.12 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

722 sq ft

67 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Description

Investment Consideration:
Gross Initial Yield: 9.54%
Rental Income: £9,440 p.a.
VAT is applicable to this property
Comprises ground floor lock-up shop
Situated close to Salisbury Rail Station with occupiers close by including Premier convenience store (adjacent), hair salon, restaurant/takeaways and many more.

Property Description:
Comprises ground floor shop with rear access, providing the following accommodation and dimensions:
Ground Floor: 67.05 sq m (722 sq ft)
Open plan retail, Storage, WC

Tenancy:
The shop is at present let to an Individual for a term of 6 years and 11 months from 30th November 2020 at a current rent of £9,440 p.a. and the lease contains full repairing and insuring covenants. Rent reviews on 30 June 2026 (open market). No breaks. Deposit held of £2,400.

Tenure:
Long leasehold. Held for a term of 125 years from 17th August 2007 at a current ground rent of £100 p.a until 2040, £300 p.a. until 2077, £500 p.a. until 2110 and £700 p.a for the remainder of the lease.

Location:
The cathedral city of Salisbury, with a population of some 40,000, is a major commercial, tourist and administrative centre serving a wide catchment area. The city has good road communications being south of the A303 and served by the A30, A36, A338 and A354 roads and also benefits from rail services to London and the South West. The property is situated on the southern side of Fisherton Street, approximately 160 metres to the east of Salisbury Rail Station, and on the main thoroughfare between the rail station and the town centre.

Brochures

103B Fisherton Street, Salisbury, Wiltshire, SP2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Salisbury Station0.1 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a

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