Oxfam, 10 Catherine Street Salisbury Wiltshire SP1 2DA

Oxfam, 10 Catherine Street
Salisbury
Wiltshire
SP1 2DA

Freehold Retail Investment

Entirely let to Oxfam
New 5 year renewed lease from February 2023 (subject to option)
Tenant in occupation for at least 15 years
Historic Popular Cathedral City location
Close to Old George Mall & Salisbury Cathedral
Nearby occupiers include Marks & Spencer, Boots the Chemist, Superdrug, Pizza Express, Nando's, Pret a Manger, Costa, Waterstones, WHSmith and Clarks

Lot
2
Auction
13th July 2023
Rent
£19,300 per Annum Exclusive
Status
Sold
Price
£200,000
Auction Venue
Live Streamed Auction

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Freehold Retail Investment

Entirely let to Oxfam
New 5 year renewed lease from February 2023 (subject to option)
Tenant in occupation for at least 15 years
Historic Popular Cathedral City location
Close to Old George Mall & Salisbury Cathedral
Nearby occupiers include Marks & Spencer, Boots the Chemist, Superdrug, Pizza Express, Nando's, Pret a Manger, Costa, Waterstones, WHSmith and Clarks

Lot 2
Auction 13th July 2023
Rent £19,300 per Annum Exclusive
Status Sold
Price £200,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 22 miles north-west of Southampton, 31 miles south-east of Bath
Roads: A30, A36, A354
Rail: Salisbury Railway Station (approx. 90 mins to London Waterloo)
Air: Bournemouth International Airport, Bristol Airport

Situation

Salisbury is a major commercial and tourist Cathedral City some 22 miles north-west of Southampton. The property is situated in a popular retailing location on the west side of Catherine Street, close to Old George Mall where retailers include Marks & Spencer, Costa, Greggs, H&M, WHSmith and CardFactory. Other nearby occupiers include Superdrug, Pizza Express, Nando's, Pret a Manger, Waterstones and Clarks.

Tenure

Freehold.

Location

Miles: 22 miles north-west of Southampton, 31 miles south-east of Bath
Roads: A30, A36, A354
Rail: Salisbury Railway Station (approx. 90 mins to London Waterloo)
Air: Bournemouth International Airport, Bristol Airport

Situation

Tenure

Freehold.

Description

The property comprises a charity shop arranged on the ground, first, second and third floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C

Description

The property comprises a charity shop arranged on the ground, first, second and third floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.
Ground First Second Third	Retail Ancillary Ancillary Ancillary	59.43 33.28 26.08 29.96	(640) (358) (281) (322)	OXFAM (2)	5 years from 01/02/2023 (3)	£19,300
Total		148.75	(1,601)			£19,300

(1) Areas provided by VOA (www.gov.uk/find-business-rates)
(2) Oxfam was set up in 1942 and is a development, relief and campaigning organisation and part of Oxfam International (www.oxfam.org.uk)
(3) The lease is subject to a tenant only option to determine on 31/01/2026.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.