52-54 New Canal Salisbury, SP1 2AQ

£ 54,000 pa / 2,465 sq ft
52-54 New Canal, Salisbury - Picture 2024-04-23-15-33-20
Use Class

Use Class

E

Size

Size

2,465 sq ft

Price

Price

£550,000

The premises comprise a ground floor retail unit with a full width glazed display frontage and double door entrance leading to an open plan sales area, with ancillary first floor storage and second floor staff facilities.

Salisbury is a historic Cathedral City in Central Southern England with a resident population of 41,800 approx. and the County’s population is 510,300 (Source: 2021 Census). The City and its magnificent Cathedral together with the World Heritage site at Stonehenge, are major tourist attractions for the region. Salisbury has a main-line railway station with frequent service to London Waterloo. The property occupies a prime trading position fronting New Canal and diagonally opposite the entrance to the Old George Mall Shopping Centre, which forms the City’s primary shopping core, with other nearby occupiers including Boots, Fone World, Goldsmiths, Pret a Manger, Marks & Spencer and Primark.

Key Information

Further Infomation

Terms and conditions

Interested parties should satisfy themselves as to the suitability of their proposed use. All enquiries should be directed to Wiltshire Council Planning Department, The Council House, Bourne Hill, Salisbury, SP1 3UZ. Tel: 0300 456 0114.

Accommodation

2,465 Sq.Ft

Dimensions
Feet
Metres
Gross Frontage
35.9
10.9
Net Frontage
29.9
9.07
Internal Width
35.3
10.74
Narrowing to
18.11
5.77
Shop Depth (max)
42.5
12.93
Areas
Sq.Ft
Sq.M
Net Sales Area
1,100
102.19
First Floor Storage
905
84.07
Second Floor Staffroom/Kitchen
460
42.73

Financial

Lease Term

The property is let to British Heart Foundation on a full repairing and insuring lease for a term of 10 years, granted from 17 January 2018 at a rent of £54,000 per annum exclusive, without further review. NB: The tenant has been granted a personal concession by way of side letter, to incorporate tenant only break options effective from 16 January 2026 and 2027, each with 6 months prior notice and subject to the tenant paying a break penalty of £3,500.

Rent

Subject to contract, rental offers are invited in the region of £54000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Service charge

Mains electricity, water and drainage available. Caution: The services and fittings mentioned in these particulars have not been tested and hence, we cannot confirm they are in working order.

Business Rates

Rateable Value: £62,500.* Rates payable for year ending 31/03/25: £34,125. *Interested parties should satisfy themselves that the Rateable Value/Rates Payable are correct.

Rates

Rateable Year:
2024
Rateable Value:
£62,500.00
Rates payable:
£34,125.00

Sustainability

EPC Awaited.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 29/04/2024