Summary
Unit 7 is located on the main Borough Parade thoroughfare from Chippenham High Street. Adjacent and nearly national retailers include Clarks shoes, EE, Accessorize, New Look, David Christopher Jewellers and Cafe Nero.
The shop frontage has a central doorway leading into the open plan sales area with a single toilet and small storage cupboard to one side. The unit has wood laminate floor covering and a ceiling mounted LED lighting grid.
Key Points
Ground floor retail unit in busy paradeNew lease offered£17,500 per annum
Terms
The unit is offered on a new effectively full repairing and insuring lease.
Rent
£17,500 per annum exclusive of VAT, which is payable at the standard rate.
Use
The property is suitable for any retail use.
Business Rates
The Valuation Office Agency website lists the unit as having a Rateable Value of £22,000.
The Rateable Value is currently subject to an Appeal.
Service Charge
A service charge is payable toward the repair and maintenance of the common parts of Borough Parade, together with other good estate management functions. The current estimated annual service charge is £3,200 + VAT; plus an insurance charge of £305 + VAT.
Energy Performance Certificate
The property has an EPC rating of 75 in Band C.
Legal Costs
Each party will be responsible for their own legal costs in any transaction.
Location
Chippenham is an attractive and historic market town approximately 28 miles east of Bristol; 12 miles east of Bath and 17 miles south
west of Swindon. Junction 17 of the M4 motorway is 4 miles to the north of the town centre.
The town has a population in the region of 45,000 people. In the heart of Chippenham town centre is the Borough Parade Shopping
Centre with existing retailers including Waitrose, New Look, Waterstones, Robert Dyas, EE, and Caffè Nero.
Adjacent to the shopping centre is a ground level pay & display car park for approximately 160 cars.