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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.
Newly renovated warehouse/showroom in prominent position.
Approx 8,400 sq ft (780 sq m)
Excellent trading potential
New fully glazed frontage
New cladding and roof
Location
Stephenson Road is one of Churchfields Industrial Estates principal spine roads and the premises lie just south of its junction with Churchfields Road, opposite Mole Country Stores and adjacent to County Tile Warehouse. Other nearby occupiers include Euro Car Parts, Brandon Hire, Island Bathroom and Kitchens as well as a host of car dealerships.
Churchfields, which lies just west of the City Centre remains Salisburys most established business location.
Description
The unit has been comprehensively renovated to include the re-cladding of the external elevations, the provision of a new roof incorporating translucent panels and a fully glazed frontage incorporating central pedestrian doors. There is a new loading door on the northern elevation (close to its frontage) and a further loading door at the back of the building which is accessed along a side access way which also leads to a good sized yard/parking area. The forecourt area is newly surfaced with tarmac. Internally a solid partition wall splits the front half of the unit from the rear half, although it incorporates a loading door providing through access. The building has a height to the eaves of approximately 3.5 m and to the ridge, some 5.2 m.
Accommodation
Approximate Gross Internal Areas
m2 ft2
Front Section 390.4 4,202
Rear Section 390.4 4,202
Total 780.8 8,404
Lease
The premises are available on a new full repairing and insuring lease for a term to be agreed. The preference is to let the building as a whole, although consideration may be given to two separate lettings of the front and rear parts of the unit.
Rent
£65,000 per annum
VAT will be applicable. Rent is exclusive of business rates, buildings insurance and all other outgoings.
Business Rates
Rateable Value: to be assessed.
The small business rate multiplier for the year 2020/21 is 49.9 p 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 are advised 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.
Energy Performance Certificate
Awaited
Viewing
Strictly by appointment only through Woolley & Wallis Commercial (01722 330333).
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