A3/A4 Property Occupying 0.2 Acres to Let Salisbury City
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agg.uk.com | 020 7836 7826 A3/ A4 PROPERTY OCCUPYING 0.2 ACRES TO LET SALISBURY CITY CENTRE 40 Blue Boar Row (including Pizza Hut), Salisbury, SP1 1DA • Prime Location on Market Square next to Debenhams • Substantial character property • Ground floor building footprint circa 8,000 sq ft • Planning consent for A4 Use – Midnight trading • Dual Access (front & rear) to Blue Row and Chipper Lane • Pizza Hut Restaurant to vacate ground floor TO LET – GUIDE RENT £100,000 PER ANNUM – INCENTIVES AVAILABLE SUBJECT TO CONTRACT sole selling rights COUNL355 8 Exchange Court, Covent Garden, London WC2R 0JU • Tel: 020 7836 7826 • www.agg.uk.com A.R. Alder BSc (Hons) FRICS • J.B. Grimes BSc(Hons) MRICS • D. Gooderham MRICS R.A. Negus BSc MRICS • M. L. Penfold BSc(Hons) MRICS Notice AG&G for themselves and for the vendor of this property, whose agents they are given notice that 1. These particulars do not form any part of the offer or contract. 2 They are intended to give a fair description of the property. but neither AG&G nor the vendor accept responsibility for any error they may contain, however caused. Any intending purchaser must therefore satisfy himself by inspection or otherwise as to their correctness. 3 neither AG&G, nor any of their employees, has any authority to make or give any further representation or warranty in relation to this property. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction. agg.uk.com | 020 7836 7826 Location Cathedral city in Wiltshire 20 miles from Southampton and 30 miles from Bath, with a population of circa 40,000. Property is located along the northern edge of Blue Boar Row within the city centre. Many restaurants and bars nearby including; Pizza Express, McDonald’s, Wildwood, Nando’s, Bills, Zizzi, Giggling Squid, Byron, Wagamama, Café Rouge, Boston Tea Party and Prezzo. Description (refer to plans) Substantial property comprising a mid-terrace building arranged over ground, first and second floors. Rear courtyard. The front part of the property forms a Pizza Hut restaurant which Pizza Hut intend to vacate. The upper parts comprise disused offices and the rear (also unused) is believed to have historically formed part of a dairy. The property benefits from dual frontage to Blue Row (front) and Chipper Lane (rear) which provides vehicular access. Tenure Pizza Hut currently hold a leasehold interest of the entire property for a term of 25 years from 25th July 2003 and therefore expiring 2028. The current passing rent is £100,00 per annum, subject to review every 5 years. The landlord and Pizza Hut are supportive of granting a new lease, subject to tenant covenant. Incentives available. Rateable Value The property is currently listed as “Restaurant and Premises” with a Rateable Value of £59,000 in effect from April 2017. Premises Licence Sale by alcohol ON the premises only Monday – Saturday 10:00am – Midnight Sunday Midday – 11:30pm Planning The property benefits from A4 planning consent granted. Located within the Salisbury City conversation area. https://cms.wiltshire.gov.uk/mgAi.aspx?ID=76558 EPC An EPC report is available upon request. For further information and to arrange a viewing please contact Matthew Englender or Richard Negus on - Tel: 020 7836 7826 or Email: [email protected] / [email protected] agg.uk.com | 020 7836 7826 agg.uk.com | 020 7836 7826 Pizza Hut, 40 Blue Boar Row, Salisbury, SP1 1DA Site Area – 819.87 sq m (8,825 sq ft) Building Footprint - 736.19 sq m (7,924 sq ft) .