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The Brittox, Devizes, Wiltshire, SN10

Offers in Region of
£499,000
Jones Robinson, Devizes
PROPERTY TYPE

Retail Property (high street)

SIZE

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Key features

  • Freehold sale
  • Prime location between M&S Food and Boots
  • Grade II listed
  • Three stories plus cellar
  • Shop let on a five year lease from April 2024 at £15,000pa
  • Clinic let on a five year lease from July 2022 at £4,500pa
  • Two bed flats occupied by established tenants on ASTs at £640 and £670 pcm
  • Potential for further development (subject to consents)
  • Gross yield of 7.10%

Description

A retail and residential investment, comprising a highly visible ground floor shop, a ground floor foot clinic and two self-contained two bed flats, currently producing £35,320 per annum with further income potential.

LOCATION SUMMARY
The premises are located on The Brittox (pedestrianized retailing street) with return frontage to Maryport Street (one way street). The shop is situated in a highly visible position between M&S Food and Boots. Devizes is well known for its selection of independent traders and charity shops and is approximately 20 miles due South of Swindon and 24 miles due North of Salisbury. The market town has an urban population of 16,834 people (2021 Census).

DESCRIPTION
The premises comprise a grade II listed building with a large cellar, two ground floor shops with self-contained two flats above, together with unused vacant upper floor commercial space.

ACCOMMODATION
Retail Unit 1: 646 sq ft (60 sq m) excluding cellar
Retail Unit 2: 384 sq ft (35.63 sq m)
First floor kitchen (vacant) 100 sq ft (9.31 sq m)
First floor Flat one (two bed) 861 sq ft (80 sq m) GIA
Second floor store (vacant) 227 sq ft (21.11 sq m)
Second floor Flat two (two bed) 915 sq ft (85 sq m) GIA

Ground and first floor toilets (not measured)

There is a small yard to the rear of the building.
One hour’s free parking is permitted along Maryport Street and there is a loading bay immediately outside the shop.

All measurements NIA (net internal area) unless stated otherwise and are approximate and are recorded in accordance with the RICS Code of Measuring Practice, 6th Edition.

LOCAL TAXATION
From the 2023 list, the Rateable Values for 16 The Brittox are:
Ground floor: £12,750
Rear section: £3,700
First and second floor: £4,150
Please note that the RV is not the same as the business rates payable. More information may be obtained from

Both flats are in Council Tax Band A.

TENURE
Freehold, currently fully tenanted, save the kitchen and stores on the first and second floors. Unit 1: five year lease renewed April 2024 to Judy Coom (trading as “Make Do and Mend”) on effectively full repairing and insuring terms at a rent of £15,000 per annum. Unit 2: five year lease renewed July 2022 to Julia Carter (t/a Devizes Foot Care Centre) on effectively full repairing and insuring terms at a rent of £4,500 per annum. Both flats are let on Assured Shorthold Tenancies. Flat One: £640 pcm (occupied since July 2018) and Flat 2: £670 pcm (occupied since November 2019).

PERMITTED USE
We assume Use Class E and C3 but we have not sought to confirm this.

OTHER
Each party is to bear its own legal costs in the transaction. We understand from the owner that VAT is not applicable to this sale. The non-domestic EPC for Unit 1, 16 The Brittox is a “C”(51) and Unit 2 is a “D”(91) both valid until 28th July 2032. The domestic EPC for Flat One, 16 The Brittox: “D” (56), valid until 27th July 2032
and Flat Two: “D” (61), valid until 27th July 2032. An asbestos survey report is available from the agent. Interested applicants should expect the agent to ask for proof of identity for anti-money laundering purposes.

Details prepared August 2024

Brochures

Particulars

The Brittox, Devizes, Wiltshire, SN10

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Melksham Station6.8 miles
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About Jones Robinson, Devizes

4/5 Market Place, Devizes, SN10 1HT
Jones Robinson Estate Agents

The Jones Robinson Group covers three counties, with 6 branches in West Berkshire, Central Wiltshire and South Oxfordshire, and with almost 80 members of staff. As a business we believe in strong values; not only maximising the value of your home but remaining true to our aim of looking after the interests of our clients. We pride ourselves on providing real and honest communication so that you will value the experience of selling or letting your home with us as much as we value acting for you.

We love working with property!

In fact, that is all we do - buying, selling, letting and property management. As independent estate agents we can offer you honest and impartial advice.

Our sole aim is to assist you in moving on with your life by selling or letting your home, or by helping you to find a new one.

If you're selling, our sales force has almost 500 years' experience between them, with the aim of achieving the best price for your home and guiding you through every step of the process until we hand over the keys to the new owners.

Established & Experienced Estate Agents

Located in the heart of Newbury, David Jones and Charles Robinson joined forces in 1998 and opened our Newbury estate agents' branch with just 7 staff and a handful of properties. Since then, the company has expanded to almost 80 dedicated members of staff across 6 offices: Didcot, Devizes, Lambourn (near Hungerford), Marlborough and Pewsey, as well as the flagship office at Newbury.

Our Purpose

To help people move on with their lives

Our Core Values

- We do the right thing

- We practise open and real communication

- We deliver on our commitments

- We are the best we can be

- We embrace new and innovative solutions to constantly improve what we do

Our Mission

To reach a 25% market share of all property sales and lets in our region, whilst achieving Net Zero carbon emissions by 2030.

Professionally Accredited

We are associated with the Association of Residential Letting Agents, the Tenancy Deposit Scheme and the Deposit Protection Scheme for your peace of mind, and we are members of the Property Ombudsman.

Notes

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Disclaimer - Property reference DES240216. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jones Robinson, Devizes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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