Retail premises for sale in Fisherton Street, Salisbury SP2

Fixed price £110,000 (£152.35/sq. ft)
Retail premises for sale 722 sq. ft*

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103B Fisherton Street, Salisbury, Wiltshire Sp2 7Sp

Interested in this property? Call +44 20 3641 9157 * or Request Details

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Property features

  • Leasehold Shop Investment
  • Comprising a ground floor lock-up shop
  • EPC Rating 56 Band C
  • VAT is applicable to this property
  • Situated close to Salisbury Rail Station
  • Occupiers close by include Premier convenience store and Sweeny Hair

Property description

Investment Consideration:
Gross Initial Yield: 7.27%
Rental Income: £8,000 p.a.
VAT is applicable to this property.
Comprising a ground floor lock-up shop.
EPC Rating 56 Band C.
Situated close to Salisbury Rail Station.
Occupiers close by include Premier convenience store (adjacent) and Sweeny Hair (opposite) amongst other local occupiers.

Property Description:
The property is arranged on ground floor only to provide a lock-up shop.

The property provides the following accommodation and dimensions:
Ground Floor Shop: 67.05 sq m (722 sq ft)
Gross Frontage: 4.80 m (15`9”)

Tenancy:
The shop is at present let to M Higginson for a term of 5 years from 7th August 2015 at a current rent of £8,000 per annum and the lease contains full repairing and insuring covenants.

Tenure:
Leasehold held for a term of 125 years from 17th August 2007 (thus having approximately 112 years unexpired) at a current ground rent of £100 per annum.

Location Description:
The cathedral city of Salisbury, with a population of some 40,000, is a major commercial, tourist and administrative centre serving a wide catchment area. The city has good road communications being south of the A303 and served by the A30, A36, A338 and A354 roads and also benefits from rail services to London and the South West. The property is situated on the southern side of Fisherton Street, approximately 160 metres to the east of Salisbury Rail Station, and on the main thoroughfare between the rail station and the town centre.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Blue Alpine Partners, SW1P on +44 20 3641 9157 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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