COVID-19 Business Update Find Out More

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 Latest Update

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.

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Property Description

Modern mid-terraced business unit
1,168 ft2 (108.5 m2)
Mix of office and storage space
New Lease
Parking


Description
The premises comprise a modern mid-terraced business unit, the ground floor of which has been split to provide storage space behind a roller shutter door with additional mezzanine storage over (forklift access only) and with the rear part fitted out to provide a good quality open plan office with excellent natural light and also a kitchenette. From the ground floor entrance lobby there is access to the first floor office which is currently fitted with a fully glazed partition creating a separate meeting room/office. Again there is excellent natural light from the rear. There are four parking spaces with the property.

Accommodation
Approximate Gross Internal Areas
m2 ft2
Ground floor 70.7 761
(Includes store of 195 ft2 (18.1 m2) and office/kitchen area of 396 ft2 (36.8 m2)
First floor 37.8 407
Total 108.5 1,168

Features
Offices
Carpeting, dado trunking, electric heating, suspended ceiling with inset LED lighting, air conditioning.

Warehouse
Height to u/s of mezzanine 2.5m (8’2)
Three phase power
Mezzanine storage (forklight access only)
Loading door 3.0m (w) x 5.2m (h)

Lease
Available on a new full repairing and insuring lease for a term to be agreed.

Rent
£8,500 per annum. Rent is exclusive of VAT (understood to be applicable), business rates, buildings insurance, Estate Service Charge and all other outgoings.
Service Charge/Buildings Insurance
The service charge for the current year is approximately £600 while the contribution towards buildings insurance is around £200.

Business Rates
The premises are currently assessed jointly with another property and will therefore need to be separately assessed.
The small business rate multiplier for the year 2020/21 is 49.9p in the £.   

Services
We understand that mains electricity (three phase), water, gas (not currently used) and drainage are all connected to the property.

Caution
Woolley &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.

Viewing
Strictly by appointment only through Woolley & Wallis Commercial (01722 330333)

The property is situated on a small development of business units off Lysander Way at Old Sarum Business Park which lies just south of The Portway and which links the A345 Amesbury road. Salisbury is located approximately 3 miles to the south while Amesbury and the A303 (which provides a dual carriageway link to the M3/London and the West Country) lie approximately 7 miles to the north. Old Sarum is one of Salisbury’s key business locations and is situated adjacent to the historic Old Sarum airfield. A new Co-Op convenience store has recently opened nearby.

Map

Shortlist Brochure

Old Sarum Park, Lysander Way, Old Sarum, Salisbury, SP4

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