1 & 2 Windsor Drive, Devizes, Wiltshire, SN10 2TH £12,000 Per annum • Shop to let • Use Class A1 Retail • Approximately 103.75 sq m (1,116 sq ft) Net Internal Area • New Lease - terms to be agreed
Ref: 2171. A modern ground floor double shop unit, with adjacent car-parking, in a residential area, close to the principal employment area of the historic market town of Devizes. LOCATION The premises are located within a residential development at the Northern end of the Windsor Drive ring road, approximately 100m from its junction with the A361, London Road and approximately 1½ miles North-East of the town centre. Devizes is situated in the centre of Wiltshire, approximately 20 miles due South of Swindon and 24 miles due North of Salisbury. The nearest access to the M4 motorway is at Swindon (junctions 15 and 16) and Chippenham (junction 17). Mainline railway stations are at Pewsey, Chippenham and Trowbridge. Devizes has an urban population of 11,715 people within the total population for Wiltshire of 650,745 people (2011 Census).
LEASE The premises are available for occupation by way of a new, effectively full repairing and insuring sub-lease, the terms of which are to be agreed and shall comply with the relevant terms of the head-lease. The tenant will be responsible for reimbursing a reasonable proportion of the landlord’s costs of maintaining the structure and exterior of the building. References, a rental deposit and a guarantor may be required by the landlord. PERMITTED USE We understand that the current permitted legal use falls into Use Class A1 (retail) as defined in the Town and Country Planning (Use Classes) Order 1987. We are advised that the Head-lease does not permit the cooking and sale of food on the premises. RENT The quoting rent is £12,000 per annum exclusive of VAT, business rates and services, payable quarterly in advance.
DESCRIPTION Formerly two adjacent retail units, the shops have been combined to form a ground floor double retail unit within a modern mixed use building with flats above (not included). To the rear of the retailing areas are disabled toilet facilities and a staff kitchen.
VAT We understand the property is not currently subject to VAT. We recommend that the prospective tenants establish all VAT implications prior to entering into any agreement.
ACCOMMODATION All measurements are approximate and areas are given on a Net Internal basis, in accordance with the RICS Code of Measuring Practice, 6th Edition. The measurements of the premises are given below.
LEASE CODE Applicants are recommended to refer to the RICS Code of Practice for Commercial Leases: www.leasingbusinesspremises.co.uk
Net Internal Area Unit 1 (including a staff kitchen) 52.07 sq m/560 sq ft Unit 2 (with w.c. - not measured) 51.68 sq m/556 sq ft Total NIA 103.75 sq m/1,116 sq ft
COSTS Each party is to bear its own legal costs in the transaction.
The Internal Shop Width is approximately 9.00 m (29’ 6”) and the shop depth is 9.87 m (32’ 4”). There is free customer parking in the adjacent car park. BUSINESS RATES According to the Valuation Office Agency website, the Rateable Value for 1 & 2, Windsor Drive as given in the 2010 list at the time of writing was as follows: Description - Shop and Premises Net Internal Area - 102.06 sq m RV - £8,400
SERVICES We understand that mains water, drainage and electricity are connected. None of the services or fittings within the building has been tested by the agent. EPC Units 1 and 2 have been given a “C” rating. The EPC and Recommendations report is available for inspection via the agent or online via the EPC Register. VIEWING Available strictly through the sole agents, Martin Walker Estate Agents and Chartered Surveyors by contacting Jonathan Shortt on 01380 721101 (DD) or 07878 397301 (Mobile) or email: [email protected]
Details prepared April 2016
Please note that the Rateable Value is not the same as the Business Rates Payable. Small business relief may be available. Further information may be obtained from www.voa.gov.uk/business_rates/