15a Station Hill, Chippenham

Retail unit - long leasehold investment for sale
  • Retail unit with well established tenant
  • Rental income £9,000 pa
  • Price: £90,000 subject to contract
  • No VAT
Sale Price: £90000

Property Area(s)


Retail unit Nett Area 357sq.m (3843 sq.ft) 

Address


15a Station Hill, Chippenham, Wiltshire, SN15 1EQ

Location


Chippenham is a popular and expanding town situated approximately 4 miles south of Junction 17 of the M4 motorway. The town has a current population in the region of 40,000 people.

Station Hill is a busy vehicular and pedestrian route linking New Road with Chippenham Railway Station, Wiltshire College and the Olympiad Sports centre. The property therefore benefits from a high level of passing traffic.

Terms


TENURE
The property is held by way of a lease for a term of 150 years commencing 29th November 2016 at a peppercorn ground rent without review.

OCCUPATIONAL LEASE
The property is subject to a lease granted to M Isitmen for a term of 10 years commencing 5th October 2012. The lease is on full repairing terms.

Rates


The Valuation Office Agency website lists the property as

“Shop & premises”
Rateable Value: £6,300

Documents & Certificates


Disclaimer

These details for each property or land advert are believed to be accurate but interested parties must not rely upon any statement contained herein as being a representation of fact and must satisfy themselves by inspection or otherwise to the correctness of each of them. Neither Huw Thomas Commercial, nor any person in its employ, has authority to make or give any representation orwarranty whatsoever in relation to the property or development. All verbal statements made in the course of negotiations are made on the same understanding. These particulars do not form part of any contract.