Investment.

Salisbury.

33 New Canal, SP1 2AE

Map View

Status.

Sold on 01/10/2017

Price.

£1,205,000

Location.

The town benefits from excellent road communications. The A36 links the city to Southampton which is 23 miles away (37km) while the M27 (M3) provides access further south to Portsmouth (42 miles, 67km) and Bath to the north (40 miles, 64km). Meanwhile, the A338 links Salisbury to Bournemouth and Swindon.

Description.

The premises sits in a prime, prominent position of New Canal at the entrance of Old George Mall.Occupied by Russell & Bromley, the tenant trade ground floor as sales and first floor as ancillary. At ground floor level the unit benefits from a glazed return frontage into the shopping centre. The adjoining retail unit, 35-37 New Canal (not within the ownership) is also occupied by Russell & Bromley. They trade ground and part first floor as sales with a small ancillary section at second floor level. The tenant occupies this space on a lease which is co-terminus with the subject property. The tenants repairing obligations are fully repairing and insuring; importantly, they are responsible to reinstate the internal wall on expiry or termination of their current lease.

Rent.

£75,000.00 per annum exclusive

Tenant(s).

Russell & Bromley

Tenure.

Freehold

Yield.

5.85% NIY

Share.

All viewings are strictly by prior appointment.

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson