Well located Ground Floor Retail / Office Unit

 

Summary

  • Town Centre Location
  • Opposite Iceland
  • New Lease
  • £12,500 pax
  • No VAT

Accommodation

The accommodation comprises the following areas on a net internal basis:

Namesq ftsq m
Ground - Front retail area 277 25.73
Ground - Rear retail area 278 25.83
Ground - Kitchen 42 3.90
Total59755.46
58 Market Place - Picture2.jpg

Location

Chippenham is a busy and expanding town with a population of approximately 40,000 people. It is located approximately 4 miles south of Junction 17 of the M4 Motorway and benefits from a main line railway station with a regular direct service to London Paddington in just over 1 hour.
The property is located on the northern side of the Market Place opposite Iceland and close to a number of professional and financial service providers including Connells Estate Agents, and Mander Duffill Accountants.

Get directions from Google Maps

Further Information


Description

The space on offer comprises the ground floor of a Grade II Listed Building. The entrance door from the pavement opens directly into the front retail /office area that has carpet floor covering, Cat II lighting and electric heating.
Central steps lead up to the rear retail /office area, again with carpet floor covering, Cat II lighting and electric heating. The windows to the rear external passage have internal blinds.
Off the rear area is a small kitchen with base and wall mounted units, worktop with sink & drainer and vinyl floor covering, and also a single toilet.

Car Parking

There is short term free parking nearby in the Market Place and opposite in St Mary Street. Longer term pay and display parking is available a short walking distance away at the Emery Gate and Borough Parade car parks.

Terms

The property is offered on a new internal repairing lease for a term of years to be agreed.

Rent

£12,500 per annum.
The property is not registered for VAT, so NO VAT is payable on the rent.

Use

The property is currently occupied by a property agency, a use that now falls within Use Class E. The property can therefore be used for a variety of uses including –
• General retail shop
• Office
• Barber / hairdresser
• Beauty salon
• Medical uses

Business Rates

The Valuation Office Agency website lists the property as having a Rateable Value effective from 1st April 2024 of £10,750.
The Rateable Value is therefore below the threshold for full Small Business Rate Relief for a qualifying occupier

EPC

Rating D - 83

Legal Costs

Each party shall be responsible for their own legal costs incurred in any transaction.