Town centre retail unit in busy pedestrianized parade, opposite O2, Clarks and EE

 

Summary

  • Ground floor retail unit in busy parade
  • New lease offered
  • £17,500 per annum

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground - Retail 460 42.74 Available
Total46042.74
Unit 7 - Unit 7 interior.jpg

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.

Get directions from Google Maps

Further Information


Description

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.

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.