13 New Canal Salisbury Wiltshire SP1 2AA

13 New Canal
Salisbury
Wiltshire
SP1 2AA

Freehold Retail and Office Investment

First class location in attractive and popular cathedral city
Close to Old George Mall, Car Park and Market Place
Part let to ADP Dental Co Ltd on a lease expiring March 2028 (1)
Part let to Purple Waves Ltd on a lease expiring August 2031 (2)
8 miles south of Stonehenge

Lot
15
Auction
4th April 2019
Rent
£85,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Important Update Interested?

Expand
Photos
Map

Freehold Retail and Office Investment

First class location in attractive and popular cathedral city
Close to Old George Mall, Car Park and Market Place
Part let to ADP Dental Co Ltd on a lease expiring March 2028 (1)
Part let to Purple Waves Ltd on a lease expiring August 2031 (2)
8 miles south of Stonehenge

Lot 15
Auction 4th April 2019
Rent £85,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 22 miles north-west of Southampton, 31 miles south-east of Bath, 88 miles west of London
Roads: A30, A36, A354
Rail: Salisbury Railway Station (approx 90 mins to London Waterloo)
Air: Bournemouth International Airport

Situation

The property is situated in a first class trading position on the southern side of New Canal, close to Old George Mall Shopping Centre and car park, in
the heart of Salisbury city centre. Salisbury Cathedral is 400 metres to the south, with Salisbury theatre and central car park both 400 metres to the north. Salisbury benefits from regular rail services to London Waterloo with a journey time of approximately 90 minutes. Nearby occupiers include Jigsaw, Joules, Marks & Spencer, Boots the Chemist, Nando’s, Waterstones and Pret a Manger.

Tenure

Freehold.

Location

Miles: 22 miles north-west of Southampton, 31 miles south-east of Bath, 88 miles west of London
Roads: A30, A36, A354
Rail: Salisbury Railway Station (approx 90 mins to London Waterloo)
Air: Bournemouth International Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop with ancillary staff accommodation at part first floor. The remainder of the first and second floors comprises a dental surgery. The dental surgery is self-contained with access from New Canal.

VAT

VAT is applicable to this lot.

EPC

See legal pack at acuitus.co.uk

Description

VAT

VAT is applicable to this lot.

EPC

See legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground Part First	Retail Ancillary	156.17 sq m 17.37 sq m	(1,681 sq ft) (187 sq ft)	PURPLE WAVES LIMITED t/a Sprinkles Gelato (3)	15 years from 22/08/2016 (2)	£70,000	22/08/2021
Part First Second	Surgery Surgery/ Ancillary	71.80 sq m 53.80 sq m	(773 sq ft) (579 sq ft)	IDH LIMITED (formerly ADP Dental Company Limited) t/a my dentist (4)	10 years from 12/03/2018 (1)	£15,000
Total		299.14 sq m	(3,220 sq ft)			£85,000

(1) Tenant’s option to determine in 2023.
(2) Tenant’s option to determine in 2026.
(3) Sprinkles Gelato operates from 16 shops, including Bristol, Poole and London (Source: www.sprinklesgelato.co.uk 08/03/2019).
(4) “We're mydentist: Europe’s largest dental care provider. Our 600+ network of practices......over 5 million people in the UK trust us with their dental care.” (Source : www.mydentist.co.uk 08/03/2019).