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Unit 3 Orchard Lodge, The Pippin, Calne, Wiltshire, SN11 8RN

£1,792 pcm
£21,500 pa

£27.32 per sq ft

Business rates & charges may apply

Huw Thomas Commercial, Chippenham
SIZE AVAILABLE

787 sq ft

73 sq m

SECTOR

High street retail property to lease

USE CLASSUse class orders: A1 Shops and B1 Business

A1, B1

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Key features

  • 4 new commercial units
  • Town centre location
  • Opposite Sainsbury's
  • To Let or For Sale
  • Immediately available

Description

LOCATION
Calne is a popular and expanding North Wiltshire town, strategically placed on the A4 approximately 7 miles east of Chippenham and 13 miles west of Marlborough.
Orchard Lodge is new build development located in a very prominent location directly opposite Sainsburys, Calne's main town centre supermarket. The scheme provides retirement flats on the upper floors with 4 commercial units on the ground floor.

DESCRIPTION
UNIT 1

Unit 1 faces the pedestrianized Phelps Parade shopping centre with occupiers including Iceland, Costa Coffee and Boots.
The unit is offered in shell format with no fitted shop front or internal fit out.

Sq M Sq Ft
Unit 1 56.53 609

UNIT 2

Unit 2 is currently the scheme's sales office and is offered with existing shop fronts and internal fit that includes a toilet and kitchenette.

The unit is double aspect with a large window frontage toward Phelps Parade and window frontage and double doors fronting The Pippin and Sainsbury's Supermarket.

Sq M Sq Ft
Unit 2 48.75 524

UNIT 3

Unit 3 has a large window frontage to The Pippin and Sainsbury's supermarket.

The unit has its shop front fitted and double entrance doors, leading into an internal shell finish.

Sq M Sq Ft
Unit 3 73.16 787

UNIT 4

Unit 4 is a corner unit with its entrance doors and two windows facing The Pippin and Sainsbury's, with additional windows in the side elevation.

The windows are installed, but entrance doors will need to be installed by the purchaser.

Internally the unit is offered as a shell finish.

Sq M Sq Ft
Unit 4 75.99 818

TERMS
The units are available by way of a new effectively full repairing and insuring lease for a term to be agreed.

Alternatively, the units can be purchased by way of a new long lease for term of 125 years at a peppercorn rent without review.

PRICE
Rent Price
Unit 1 £16,000 pa £190,000
Unit 2 £16,500 pa £200,000
Unit 3 £21,500 pa £250,000
Unit 4 £13,500 pa £220,000

All prices are subject to VAT at the standard rate.

SERVICE CHARGE
The purchaser will be responsible for "fair proportion" service charge, calculated on a floor area basis, toward the repair and maintenance for the external structure of the property.
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SERVICES
Unit 2 has electric heating and lighting fitted.

The other units are provided in shell format, but with mains electricity, water and drainage connected.

USE
The units have consent for uses within Class E which includes retail, financial and professional services and offices.

The units are not suitable for hot food or catering use, or uses including tattoo parlour, sale of vapes; launderette or funeral directors.

BUSINESS RATES
At the current time, only Unit 2 has been assessed for Business Rates, due to its current use as the site's sales office. The Valuation Office Agency website lists that unit as having a Rateable Value of £4,200.

The other units have yet to be assessed for Business Rates.

ENERGY PERFORMANCE CERTIFICATE
The units have yet to be assessed.

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

Brochures

Unit 3 Orchard Lodge, The Pippin, Calne, Wiltshire, SN11 8RN

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chippenham Station6.0 miles

About Huw Thomas Commercial, Chippenham

Station Hill House, Station Hill, Chippenham, SN15 1EQ

Huw Thomas Commercial is an independent commercial property consultancy based in Chippenham, Wiltshire. The Principal, Huw Thomas, has over 25 years of experience dealing with commercial property in Wiltshire; Bath & North east Somerset; South Gloucestershire and the surrounding areas. He provides advice on sales, lettings, acquisitions, development opportunities, lease renewals, rent reviews and commercial property valuations.

The business deals with the full range of property sectors including offices, industrial and warehouse, retail, motor trade, trade counter and greenfield and brownfield development land and opportunities.

Prior to establishing his own practice in 2013, Huw spent 15 years at King Sturge / JLL, based in their Bath office, during which time he built up an enviable knowledge of the Wiltshire and Somerset commercial property markets and advised many major developers and businesses. Existing national and regional clients include Standard Life Investments; Industrious; Stirling Industrial and HPH Ltd.

Huw has always been active in the wider business community and currently serves on the Executive of Chippenham Chamber of Commerce and is a Trustee of the Chippenham Borough Lands Charity.

Huw is a proud Welshman, though now a season ticket holder at Bath Rugby and is also active golfer and member of the “FORE” Business national networking group, so is always happy to meet new contacts and discuss business over a game of golf!

Notes

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