Let to Costa Limited (t/a Costa Coffee) since 2007
Dual Frontage Retail unit and Self-Contained Vacant offices on the First and Second Floors
Total Approximate Floor Area 368.99 sq m (3,972 sq ft)
Residential Conversion Potential of Vacant Offices (Subject to Consents)
Upper floors benefit from 2 entrances, allowing the 1st and 2nd floors to be split
Listed Property - Benefits from Vacant Rates Relief
Neighbouring occupiers include Crew Clothing Company, L'Occitane, Pret A Manger, Gail's Bakery, Nando's and Goldsmiths
Auction 26th March 2026
Rent £63,000 per Annum Exclusive With Self-Contained Offices
Status Available
Guide* £700,000 - £725,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
24 miles south-east of Southampton, 28 miles north of Bournemouth, 42 miles south-east of Bath
Roads
A36, A338, A3094, A354
Rail
Salisbury Railway Station (approx. 90 mins to London Waterloo)
Air
Southampton Airport, Bournemouth International Airport
Situation
The property is prominently situated in a prime retail trading position on the north side of Butcher Row, which forms part of the city's primary retailing quarter. The property benefits from being opposite Salisbury Market Place and within walking distance to Old George Shopping Mall, with retailers including Card Factory, H&M, Superdrug and Marks & Spencer. Other neighbouring occupiers include Crew Clothing Company, L'Occitane, Pret A Manger, Gail's Bakery, Nando's and Goldsmiths.
Tenure
Freehold.
Location
Miles
24 miles south-east of Southampton, 28 miles north of Bournemouth, 42 miles south-east of Bath
Roads
A36, A338, A3094, A354
Rail
Salisbury Railway Station (approx. 90 mins to London Waterloo)
Air
Southampton Airport, Bournemouth International Airport
Situation
The property is prominently situated in a prime retail trading position on the north side of Butcher Row, which forms part of the city's primary retailing quarter. The property benefits from being opposite Salisbury Market Place and within walking distance to Old George Shopping Mall, with retailers including Card Factory, H&M, Superdrug and Marks & Spencer. Other neighbouring occupiers include Crew Clothing Company, L'Occitane, Pret A Manger, Gail's Bakery, Nando's and Goldsmiths.
Tenure
Freehold.
Description
The property is a highly attractive Grade II listed mixed used building, benefiting from a dual Retail frontage onto Butcher and Ox Row/Market Place and comprises a retail unit on the ground floor and ancillary accommodation in the basement. The property also benefits from self contained offices on the first and second floors which are accessed from Ox Row and may be suitable for residential conversion, subject to obtaining the necessary consents. The upper floors benefit from two entrances, allowing the 1st and 2nd floors to be separated into self contained units.
VAT
VAT is not applicable to this lot.
EPC
6 - 7 Ox Row = Band B (upper floors)
12-14 Butcher Row = Band C (ground floor)
Description
The property is a highly attractive Grade II listed mixed used building, benefiting from a dual Retail frontage onto Butcher and Ox Row/Market Place and comprises a retail unit on the ground floor and ancillary accommodation in the basement. The property also benefits from self contained offices on the first and second floors which are accessed from Ox Row and may be suitable for residential conversion, subject to obtaining the necessary consents. The upper floors benefit from two entrances, allowing the 1st and 2nd floors to be separated into self contained units.
VAT
VAT is not applicable to this lot.
EPC
6 - 7 Ox Row = Band B (upper floors)
12-14 Butcher Row = Band C (ground floor)
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review (Reversion)
Ground Basement
Retail Ancillary
116.20 27.50 (1)
(1,251) (296) (1)
COSTA LIMITED (CRN: 01270695) (2)
10 years from 23/06/2017
£63,000
N/A (22/06/2027)
First Second
Offices Offices
114.46 110.83
(1,232) (1,193)
VACANT POSESSION
-
-
-
Total Approximate Commercial Floor Areas
368.99
(3,972)
£63,000
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). (2) Costa Limited (CRN 01270695) are owned by The Coca-Cola Company incorporated in the USA; see www.coca-colacompany.com/brands. For the year ending 31st December 2024, Costa Limited (CRN: 01270695) reported a Revenue of £1,231,795,000, Pre-Tax Profit of £65,046,000 and Net Assets of £263,990,000 (Annual Report and Financial Statements as published in Companies House: 18/02/2026).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
