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COVID-19 caused the residential market to pause following a spring bounce. As we exit lockdown we are seeing the strong pre-COVID market return. We are here to help so please call us if you are thinking about buying or selling or require expert property advice.
Stay safe, keep well and stay in touch.
COVID-19 caused the residential market to pause following a spring bounce. As we exit lockdown we are seeing the strong pre-COVID market return. We are here to help so please call us if you are thinking about buying or selling or require expert property advice.
Stay safe, keep well and stay in touch.
Modern two storey office building with parking.
Approx 2,940 sq ft (273 sq m).
Close to town centre/A303.
Residential conversion potential.
May split for letting.
Location
The property is situated off Station Road on the south-western fringes of Wincanton town centre just north of the various trade and industrial centres which lie adjacent to the A303. Wincanton is an attractive Somerset town with a population of circa 5,500 with a good range of shops, and excellent access to the A303. It lies approximately 13 miles north of Shaftesbury, 16 miles north-east of Yeovil and some 33 miles west of Salisbury.
Description
The premises comprise a modern semi-detached two storey office building of traditional construction with part brick and part rendered elevations under a pitched profile metal clad roof. There are 7 parking spaces in the car park to the north of the property. The premises provide mainly open plan office accommodation and there are WC and kitchen facilities on each floor. There is also a server room off the entrance lobby. The specification includes carpeting, perimeter trunking, gas fired central heating, partial air conditioning (including the server room) and suspended ceilings with inset CAT 2 lighting.
Note: There is a small area of flying freehold at first floor level on the eastern side of the property which is currently fitted out as a kitchen.
Conversion Potential
Under current Permitted Development rights there is potential to convert the premises to residential subject to Prior Approval being sought.
Accommodation
Approximate Net internal Areas
Ground floor 111.76 sq m (1,203 sq ft)
First floor 161.34 sq m (1,737 sq ft)
Total 273.10 sq m (2,940 sq ft)
Method of Disposal
Consideration will be given to the following options:
Sale
Available freehold at a price of £240,000.
Lease
Available on a new full repairing and insuring lease for a term to be agreed at a rend of £18,000 per annum.
Consideration will also be given to letting the first and second floors separately:
Ground Floor £8,500 per annum.
First Floor £12,000 per annum.
We are advised that VAT will be applicable to price/rent.
Business Rates
Rateable Value: £18,250.
The small business rate multiplier for the year 2019/20 is 49.1 p in the £.
Services
We understand that mains gas is connected to the property. Water is currently via a shared supply from the neighbouring occupier (TP Group) and electricity is via a sub-metered supply from the same party.
Caution
Woolley and Wallis Commercial have not tested the services mentioned in these particulars.
Planning
Prospective tenants must satisfy themselves as to the permitted planning uses for the property.
Legal Costs
Both parties reasonable legal costs are to be borne by the ingoing tenant.
Code of Practice
You should be aware that the Code of Practice on commercial leases in England and Wales recommends that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a business tenancy agreement. The code is available from professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk.
References
Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Energy Performance Certificate
EPC rate D.
Viewing
Strictly by appointment only through Woolley & Wallis Commercial (01722 330333).
