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
    04/Apr/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    Withdrawn Post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
Important Auction & Property Update
  • 13 New Canal<br>Salisbury<br>Wiltshire<br>SP1 2AA
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* More information on the term "price" can be found here

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.

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

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview
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)
£70,00022/08/2021
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).

Property Documents

  • Site Plan
    Updated Date
    16.04.19
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    16.04.19
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.01.19
    File Size
    143 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George WatkinsGeorge Watkins +44 (0)20 7034 4861george.watkins@acuitus.co.uk
Seller's Solicitors
Freedman + Hilmi LLP 101 Wigmore Street
London
W1U 1QU
Nadeem Ahmed 020 7659 0342nahmed@freedmanhilmi.com

Useful Links

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