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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.
Storage premsies in Salisbury City Centre. Approx 2,715 sq ft (252.2 sq m).
Includes 7 parking spaces
Convenient for city centre amenities
New lease
Location
The property is situated inside the Citys ring road close to the junction with Bedwin Street in a principally residential area close to Salt Lane car park.
Description
The main building comprises a two-storey property of traditional construction with brick elevations under a pitched slate roof. The premises provide basic storage accommodation on ground and first floors together with further space at attic level within the eaves. The building is accessed through an archway off Rollestone Street over which there is additional first and second floor storage accommodation together with a WC. There is further storage space in the lean-to which is attached to the main building and also in an adjacent building of timber construction. There are 7 parking spaces within the car park inside the archway.
Lease
The premises are available on a new lease for a term to be agreed although initially for no longer than 3 years.
Rent
£13,000 per annum
We are advised that VAT will not be applicable.
Rent is exclusive of business rates (if applicable) buildings insurance and all other outgoings.
Tenant's Repairing Obligations
The tenant will be responsible for keeping the premises in no better (or worse) condition than at commencment of the lease.
Business Rates
Rateable Value: £5,800
Note: Where the rateable value of the property is £12,000 or less, eligible rates payers will receive 100% small business rates relief and therefore no business rates will be payable.
Services
We understand that mains electricity (single phase), is connected to the premises. Water and drainage are connected to the premises over the archway.
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 and also whether VAT is applicable to this transaction.
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
Not applicable (low energy demand).
Viewing
Strictly by appointment only through Woolley & Wallis Commercial (01722 330333)
