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4-6 Minster Street, Salisbury, SP1 1TF
4,141 Sq Ft / Retail / Retail - High Street
Withdrawn - Last updated: 16 October 2023
Description
LOCATION
Salisbury is a popular Cathedral City in Central Southern England, with a population of approximately 62,000 (census 2011). Salisbury is some 23 miles north west of Southampton and 28 miles north of Bournemouth.
The property occupies a prime trading location in the City Centre with dual frontages to both Minster Street and Market Square/Oatmeal Row where a busy market operates on Tuesdays and Saturdays.
The premises are located in close proximity to other national occupiers including Costa, Patisserie Valerie, Tiger, Subway, Pizza Express, Boots, The Entertainer, Debenhams, Ernest Jones, Boots, Cook, Hays Travel, HSBC and RBS
DESCRIPTION
A substantial Grade II listed property comprising two separate demised premises each arranged over ground first and second and attic floors.
Accommodation
4-6 Minster Street
Ground Floor Sales Area: 1,459 sq ft (135 sq m)
First Floor Ancillary: 603 sq ft (56.04 sq m)
Second Floor Ancillary: 526 sq ft (48.88 sq m)
Third Floor Ancillary: 569 sq ft (52.88 sq m)
Male and Female WC's
Total Net Internal Area: 3,157 sq ft (293.29 sq m)
4 Minster Street
Ground Floor Lobby: 69 sq ft (6.41 sq m)
First Floor: 529 sq ft (49.14 sq m)
Second Floor: 386 sq ft (35.86 sq m)
Male and Female WCs
Internal Area: 984 sq ft (91.41 sq m)
Total Internal Area: 4,141 sq ft (384.7 sq m)
Planning
Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, caf�, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
EPC Text
4-6 Minster St - Asset Rating C(74)
4 Minster St - Asset Rating C(70)
Rating
Rateable Value 4-6 Minster Street £XXX
Rateable Value 4 Minster Street £XXX
Source www.voa.org.uk The 2023/2024 standard multiplier is 0.512 (XXX payable per £XXX). The 2023/2024 small business multiplier is 0.499 (XXX payable per £XXX). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Terms
TENURE
Freehold
PRICE
Offers are invited in the region of £XXX
TENANCY DETAILS
4 Minster Street is let to Elinor Cambray Jewellery Ltd (with personal guarantor) by way of a FR and I lease for a term of 6 years from 29th April 2022. The rent is £XXX per annum, exclusive without review. The lease is contracted outside the Landlord and Tenant Act 1954 and the tenant has a break option on 29th April 2025.
4-6 Minster Street is let to national retailer Coffee#1 Ltd by way of a FR and I lease for a term of 5 years from 9th September 2022 at a rent of £XXX per annum, exclusive without review.
( Agency Pilot Software ref: 7651 )
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