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Status Withdrawn Post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
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.
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
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
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).
