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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.
Substantial town centre retail property of approx 4,374 sq ft (407 sq m)
| Potential for alternative for alternative uses (subject to planning)
| Consider letting if part/s only
| New lease
Location
The premises are situated at the end of the High Street within a short distance of the post office and within a convenient distance of the Towns amenities. The nearest car park is at Angel Lane and there is a further pay and display car park off Bell Street. Shaftesbury offers an interesting mix of local and national retailers and nearby occupiers include Santander, British Heart Foundation, Shaftesbury Wines, WH Smith and M&Co. Shaftesbury is an attractive rural town situated some 20 miles west of Salisbury (via the A30) and approximately 8 miles south of the A303 trunk road providing acess to the West country and the M3/London.
Description
The property comprises a substantial mid terraced property which has been extended at the rear and which provides extensive retail accommodation over ground, lower ground and first floors. There is a staircase running through the central service core providing access to all floors with a further enclosed staircase situated adjacent to the eastern party wall. There is glazing to the rear elevation of the property providing excellent natural light and some far reaching views across the Blackmore Vale.
Other than just retail, the property may lend itself to alternative uses including A2 (office), D1 (health/beauty) and D2 (leisure) uses.
Accommodation
Approx net internal areas:-
Shop frontage:- 10.7 m (351)
Shop depth:- 16.3 m (536)
Notes: In addition to the above there is also further storage space at attic level accessed via the central central staircase.
Lease
The premises are available on a new full repairing and insuring lease for a term to be agreed.
Rent
£29,000 per annum
Rent is exclusive of VAT (if applicable), business rates, buildings insurance and all other outgoings.
Consideration may be given to a letting of part/s - rent on application.
Business Rates
Rateable Value - £25,000
The small business rate multiplier for the year 2017/18 is 46.6p in the £. However, where the rateable value is £12,000 or less, eligible ratepayers will receive 100% small business rate relief and therefore no rates will be payable.
Services
We understand that mains electricity, water and drainage are connected to the property.
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.
