14 Minster Street, Salisbury, Wiltshire, SP1 1TP

Description

The accommodation is arranged over the ground and first floors, plus a basement. The ground floor provides mainly open plan floor space, whilst the first floor is currently a large open plan office area, with a staff room and WC's.

Location

Salisbury is a historic Cathedral City in Central Southern England. The property occupies a prominent central trading position fronting Oatmeal Row/Market Place, with an additional retail frontage and separate entrance from Minster Street. Other occupiers trading close by include Hendersons Artisan Bakery/Café, La Piazza Italian Café, Coffee#1, Alum & Sidaway jewellers, Hays Travel, Cook and HSBC bank.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.

VAT

We understand that the property is not elected for VAT.

Accommodation

We have measured and calculate the premises to have the following approximate Net Internal Area (NIA):

Business Rates / Council Tax Band

Rateable Value (2023): £75,000

Following the Government's latest budget, it has been confirmed that Retail, Hospitality and Leisure Business Rates Relief scheme will provide eligible, occupied retail, hospitality and leisure properties with a 40% relief, up to a cash cap limit of £110,000 per business for applicable chargeable days from 1 April 2025 to 31 March 2026.

EPC

We understand the property has an EPC rating of C (69).

Legal Fees

Each party to bear their own legal costs incurred.