Retail property (high street) to rent
Property description & features
- To Let – ground floor mid-terrace retail unit
- Guide Rent - £50,000 pax
- New FRI lease on terms to be agreed
- Rent-free incentive proposed by Landlord
- Rateable Value: £50,000
- Net internal area of 1,868 sq ft / 173.5 sq m
- Fully glazed frontage extending to 8.23m
- Open-plan air-conditioned retail unit
- Customer WC facilities, ancillary stores area
- Prime trading location in historic Salisbury
It currently has A3 permission (which we anticipate will now be Class E) following a successful change of use in 2016, and has been operating as a dessert parlour, however please note that there is currently no commercial kitchen/extraction in situ.
ACCOMMODATION
We have identified an approximate net internal area of 1,868 sq ft / 173.5 sq m.
TENURE
Available to let on a new FRI lease on terms to be agreed, at a guide rent of £50,000 pa exclusive of VAT, buildings insurance premium, business rates, utilities and other costs, as applicable.
EPC RATING
Rated C (53) under certificate reference 0270-3905-0398-4470-9044.
RATEABLE VALUE
Online enquiry via indicates a rateable value of £50,000, effective from 1st April 2023, suggesting rates payable of c. £24,950 pa. The government is providing a further 75% relief to Retail, Hospitality, Leisure businesses until April 2025. For further information on business rates, interested parties should always contact the relevant Local Authority.
LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction. It is to be established if the property is elected for VAT purposes.
VIEWINGS
All enquiries and appointments to view must be made via contacting Trinity Rose Commercial on[use Contact Agent Button] or by emailing [use Contact Agent Button]
The subject property is found on New Canal in the historic City of Salisbury, directly opposite Fish Row and Butcher’s Row which leads to the Guildhall and central Market Square. The location is very well served by public transport while the nearest parking is at the Old George Mall multi-storey or Brown Street open-air car park.
The unit is positioned between an ODEON cinema and Mountain Warehouse, with neighbouring businesses including Clarks, Marks & Spencer, Vision Express, White Stuff, Specsavers and Boots. There is a wide array of independent boutiques, local, regional and national occupiers such as Costa, Reeve The Baker, Nando’s, Pret a Manger, Coffee #1, Cote, Giggling Squid, Mcdonald’s and TK Maxx.
Property information from this agent
Places of interest
Trinity Rose Commercial - Hampshire
Top Floor, Trinity House, 123 Winchester Road Chandler's Ford, Hampshire SO53 2DR
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