Shop For Sale
Prominent end of terrace shop unit on popular local centre. Approx 1,120 sq ft (104.0 sq m)
** FOR SALE/ TO LET **
| Suitable for a variety of uses (subject to planning)
| Excellent trading potential
| Investment opportunity
| Expanding local catchment
Bence Court comprises part of a local centre development established in 2011 which serves a wide catchment of new homes and other neighbouring areas. As well as a block of 4 shops, there is also a Co-op convenience store, a Marston’s pub (The Orchard), a community centre and a pre-school/day nursery. Archers Gate is situated on the eastern fringes of Amesbury, just south of the A303.
The premises form part of terrace of four similar units which include two take-away outlets and a physiotherapy clinic. Unit 5 is prominently situated one end of the terrace and has the benefit of a return frontage with display windows along its side elevation. The shop is currently partitioned to provide a rear stock room/office and kitchenette area although the partitioning is of a non-structural nature and could easily be removed. There is also a disabled WC. An additional store room is located to the rear of the shop which is accessed externally. The retail area currently has a vinyl floor covering and has been fitted with a suspended ceiling with inset CAT II lighting. Wall mounted convector heaters are positioned above various door openings. A parking space is allocated to the unit and there is ample customer car parking on the development.
Shop frontage 6.27 m (20’7”)
Shop depth 17.06 m (56’0”)
Approximate Net Internal Areas
Shop 104.0 1,120
Rear store room 10.55 114
The long leasehold interest is available at a price of £200,000.
Alternatively, the premises are available on a new full repairing and insuring lease for a term to be agreed at a rent of £14,950 per annum.
We are advised that VAT will be chargeable upon the sale price/ rent.
Rateable Value £12,750
The Small Business Rate Multiplier for the year 2022/23 is 49.9 p in the £. Tapering relief is available to eligible parties where Rateable Values are between £12,000 and £15,000.
Service Charge/Building Insurance
A service charge is payable towards the maintenance and upkeep of the common parts of the Estate; currently £809.74. The buildings insurance contribution is £872.72.
We understand that all mains services are connected to the property although gas is not currently in use.
Woolley and Wallis Commercial have not tested the services mentioned in these particulars.
Prospective tenants must satisfy themselves as to the permitted planning uses for the property.
Each party to pay their own legal fees.
Code of Practice
You should be aware that the Code of Practice on commercial leases in England and Wales recommends that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a business tenancy agreement. The code is available from professional institutions and trade associations or through the website www.commercialleasecode.co.uk.
Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Energy Performance Certificate
Strictly by appointment only through Woolley & Wallis Commercial (01722 330333).
Tenure: Please confirm with Woolley & Wallis Commercial whether this property is freehold or leasehold