MapRetail property (high street) for sale
Units 1 & 2, 44 Salisbury Road, Amesbury, SP4 7HD
Retail property (high street)
6671
Features and description
- Retail units located within Amesbury, Salisbury
- Unit 1 let to Peacocks at £40,000 pa until June 2028
- Unit 2 let to Domino's at £24,000 pa until June 2028
- Price - £675,000 subject to contract
- Net initial yield of 9% after deduction of purchaser's costs of 5.24%
- VAT elected
Description
The property is divided in to two units.
Unit 1 is the larger unit, an L-shaped configuration providing a ground floor sales area of 4,866 sq ft NIA and ancillary storage accommodation of 735 sq ft that includes a metal roller shutter loading door.
Unit 2 is a smaller unit of 1,070 sq ft NIA fitted out for a takeaway operation with kitchen.
Location
Amesbury is a historic town and home to Stonehenge and Solstice Park. Amesbury is located approximately 9 miles north of Salisbury and is just outh of the A303 trunk road which provides access to Exeter/the west country and the M3/London. The population of Amesbury has increased ignificantly in recent years following major residential development to the south of the town and in addition, Solstice Park now represents a major commercial hub as well as providing a comprehensive range of road side services including a Holiday Inn, Mcdonalds and Costa.
The subject property is located on Salisbury Street in the heart of Amesbury’s town centre and nearby occupiers include Coral, Hays Travel,
Boots, Nationwide, Aldi and Co-op.
Viewings
Viewings are by appointment and further information is available in a data-room, access on request.
Terms
£675,000 exclusive of VAT; this shows a net initial yield of 9% after the deduction of purchaser's costs of 5.24%.
Tenancies
Unit 1 is let to Peacocks Stores Properties Limited (13324423) on a lease expiring 26th June 2028 at a rent of £40,000 per annum exclusive. There is a tenant break option in March 2026 subject to 12 months prior notice and no notice has been served by the tenant. The 31st May 2026 rent review has been settled at £40,000 per annum exclusive. There is a service charge provision capped at £1,500 pa linked to CPI.
Unit 2 is let to DP Realty Limited (02882513) trading as Domino's Pizza on a 20 year lease from 27th June 2008 at a rent of £24,000 per annum exclusive subject to 5 yearly upward only rent reviews and an uncapped service charge provision.
EPC
Unit 1 - A (21)
Unit 2 - A (25)
AML
In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
Rateable Value
Unit 1 – £34,750 (from 1.04.23)
Unit 2 - £14,750 (from 1.04.23)
The property is divided in to two units.
Unit 1 is the larger unit, an L-shaped configuration providing a ground floor sales area of 4,866 sq ft NIA and ancillary storage accommodation of 735 sq ft that includes a metal roller shutter loading door.
Unit 2 is a smaller unit of 1,070 sq ft NIA fitted out for a takeaway operation with kitchen.
Location
Amesbury is a historic town and home to Stonehenge and Solstice Park. Amesbury is located approximately 9 miles north of Salisbury and is just outh of the A303 trunk road which provides access to Exeter/the west country and the M3/London. The population of Amesbury has increased ignificantly in recent years following major residential development to the south of the town and in addition, Solstice Park now represents a major commercial hub as well as providing a comprehensive range of road side services including a Holiday Inn, Mcdonalds and Costa.
The subject property is located on Salisbury Street in the heart of Amesbury’s town centre and nearby occupiers include Coral, Hays Travel,
Boots, Nationwide, Aldi and Co-op.
Viewings
Viewings are by appointment and further information is available in a data-room, access on request.
Terms
£675,000 exclusive of VAT; this shows a net initial yield of 9% after the deduction of purchaser's costs of 5.24%.
Tenancies
Unit 1 is let to Peacocks Stores Properties Limited (13324423) on a lease expiring 26th June 2028 at a rent of £40,000 per annum exclusive. There is a tenant break option in March 2026 subject to 12 months prior notice and no notice has been served by the tenant. The 31st May 2026 rent review has been settled at £40,000 per annum exclusive. There is a service charge provision capped at £1,500 pa linked to CPI.
Unit 2 is let to DP Realty Limited (02882513) trading as Domino's Pizza on a 20 year lease from 27th June 2008 at a rent of £24,000 per annum exclusive subject to 5 yearly upward only rent reviews and an uncapped service charge provision.
EPC
Unit 1 - A (21)
Unit 2 - A (25)
AML
In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
Rateable Value
Unit 1 – £34,750 (from 1.04.23)
Unit 2 - £14,750 (from 1.04.23)
Property information from this agent
About this agent
Where great relationships yield the best property outcomes. Vail Williams is a national property adviser with ten offices based throughout the North, Midlands and South of England.