5, 9, 11 & 11b High Street Warminster Wiltshire BA12 9AG

5, 9, 11 & 11b High Street
Warminster
Wiltshire
BA12 9AG

Freehold Retail and Residential Investment

  • Two High Street retail units
  • Less than 125 metres from Three Horseshoes Shopping Centre
  • Nearby occupiers include Morrisons Supermarket, Specsavers, William Hill and Halifax
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    60
  • Auction
    7th July 2016
  • Rent
    £21,500 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

Freehold Retail and Residential Investment

  • Two High Street retail units
  • Less than 125 metres from Three Horseshoes Shopping Centre
  • Nearby occupiers include Morrisons Supermarket, Specsavers, William Hill and Halifax
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 60
  • Auction 7th July 2016
  • Rent
  • Status Withdrawn Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
16 miles south of Bath, 21 miles north-west of Salisbury
Roads
A36, A350
Rail
Warminster Rail
Air
Bristol International Airport
Situation

Warminster is an attractive town located between Bath and Salisbury. The property is located on the southern side of the High Street within 125 metres of Three Horseshoes Shopping Centre which houses retailers including Greggs, Dorothy Perkins, Thorntons and Superdrug. A path to the side of the property provides access both to the residential units and also to a large Morrisons Supermarket to the rear. Other nearby occupiers include Specsavers, William Hill, Subway and Halifax.

Tenure

Freehold.

Location
Miles
16 miles south of Bath, 21 miles north-west of Salisbury
Roads
A36, A350
Rail
Warminster Rail
Air
Bristol International Airport
Situation

Warminster is an attractive town located between Bath and Salisbury. The property is located on the southern side of the High Street within 125 metres of Three Horseshoes Shopping Centre which houses retailers including Greggs, Dorothy Perkins, Thorntons and Superdrug. A path to the side of the property provides access both to the residential units and also to a large Morrisons Supermarket to the rear. Other nearby occupiers include Specsavers, William Hill, Subway and Halifax.

Tenure

Freehold.

Description

The property comprises two ground floor retail units with residential accommodation on the upper floors let on a long lease.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two ground floor retail units with residential accommodation on the upper floors let on a long lease.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
5 Ground Retail
33.91 sq m
(365 sq ft)
WARMINSTER
JEWELLERY
LIMITED
15 years from 19/09/2015 £11,500 (2) 19/09/2020
(18/09/2030)
9 Ground Retail
49.15 sq m
(529 sq ft)
WARMINSTER
JEWELLERY
LIMITED
14 years from 31/01/2016 £10,000 (2) 19/09/2025
(18/09/2030)
  Uppers Residential
Not Measured
GUNSHIP LIMITED
(IN RECEIVERSHIP)
99 years from 29/05/2008 - (28/05/2107
Totals    
83.06 sq m
(894 sq ft)
    £21,500

(1) Warminster Jewellers are Warminster’s longest established fine Jewellers (Source: www.thewarminsterjeweller.co.uk 09/06/2016)
(2) For the purpose of clarification, the tenant is currently benefiting from a rent free period due to expire on 18th September 2016. The seller has agreed to adjust the completion monies so that the property effectively produces £21,500 p.a.x. from completion of the sale.

Property Documents

  • Catalogue Page
    Updated Date
    15.06.16
    File Size
    640 KB
    View PDF
  • Site Plan
    Updated Date
    15.06.16
    File Size
    406 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Eversheds LLP 1 Callaghan Square
Cardiff
CF10 5BT
029 2046 4347
Rachel White 029 2047 7387rachelwhite@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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