Salisbury £38,000

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Phone 01722 238040

Property details

Bedrooms: 0

Well specified ground floor City centre office suite 4,300 sq ft (400 sq m)
£38,000 per annum
Assignment or sub-lease available
7 Parking spaces
(Flexible Terms Considered)

The premises are situated on the eastern fringes of the City centre with convenient access to all its amenities and principle shopping locations, together with the nearby public car park in Culver Street. Road communications to the property are good with access to the Ring Road within approximately 0.5 miles. Southampton is situated within approximately 24 miles via the A36 and M27.

Salisbury Railway Station is within a level walk (approx 12 minutes) with mainline connections to London (Waterloo) (approx 1 Hr 28 mins), Bristol and Southampton.

Salisbury is an historic Cathedral City set in the heart of central southern England with a district population of 114,613 (source: 2001 census). There is a street market on Tuesdays and Saturdays and the district attracts over 3 million tourists a year.

Milford House is modern three storey multi-let office building with a communal entrance door to the front elevation. The Suite is situated on the ground floor and is accessed directly from the communal reception area. There is a further entrance to the Suite from the car park. The accommodation comprises a mix of cellular and open plan offices with low level perimeter heating, surface mounted Cat II lighting, carpeting and integral WC and kitchenette facilities.

A total of seven parking spaces are allocated to the Suite. Further parking is available in the nearby Culver Street Multi-Storey car park as well as a number of other Pay & Display car parks situated in the City Centre.

Approx net internal areas:- Ground Floor Suite 399.5 sq m (4,300 sq ft).

The Suite is offered by way of an assignment of the existing full repairing and insuring lease (by way of service charge) expiring 28 September 2015 or alternatively on a new sub-lease on similar terms. More flexible terms may be considered.

£38,000 per annum exclusive of VAT, business rates, buildings insurance, service charge and all other outgoings. The parking spaces are held on a separate lease at a rent of £7,000 per annum.

Service Charge:
A service charge is levied to cover the cost of the maintenance and cleaning of the common parts of the building and includes central heating. Further information is available upon request.

Rateable Value:- £43,750

The standard multiplier for the year 2012/13 is 45.8 p in the £.

We understand that all mains services are connected to the property.

Woolley and Wallis Commercial have not tested the services mentioned in these particulars.

Planning and VAT:
Prospective purchasers and tenants must satisfy themselves as to the permitted planning uses for the property and also whether VAT is applicable to this transaction.

Legal Costs:
Both parties reasonable legal costs are to be borne by the ingoing tenant.

Code of Practice:
You should be aware that the Code of Practice on commercial leases in England and Wales recommends that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a business tenancy agreement. The code is available from professional institutions and trade associations or through the website

Financial and accountancy references may be sought from any prospective tenant prior to agreement.

Energy Performance Certificate:
A copy of the Certificate is attached to these particulars.


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Local information for this property

Alderbury and West Grimstead Church of England Primary School
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Durrington Church of England Controlled Junior School
Exeter House Special School
Fordingbridge Junior School
Gomeldon Primary School
Great Wishford CofE (VA) Primary School
Greentrees Primary School
Hale Primary School
Harnham Church of England Controlled Junior School
Kiwi Primary School
Larkhill Primary School
Lockerley Church of England Endowed Primary School
Longford CofE (VC) Primary School
Morgan's Vale and Woodfalls Church of England Primary School
Newton Tony Church of England Voluntary Controlled School
Old Sarum Primary School
Pitton Church of England Voluntary Aided Primary School
Salisbury, Manor Fields Primary School
Sarum St Paul's CofE (VA) Primary School
St Andrew's Church of England Voluntary Aided Primary School, Laverstock
St Mark's CofE Junior School, Salisbury
St Martin's CofE Voluntary Aided Primary School
St Nicholas Church of England Primary School, Porton
St Osmund's Catholic Primary School, Salisbury
Stratford-sub-Castle Church of England Voluntary Controlled Primary School
The New Forest CofE (VA) Primary School
West Tytherley Church of England Primary School
Western Downland Church of England Aided Primary School
Whiteparish All Saints Church of England Primary School
Wilton and Barford CofE Primary School
Winterbourne Earls Church of England Primary School
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Sold property prices

Recent Sales for Milford Street

44 Milford Street Dec 21 2011 £155,000
14 Milford Street Jul 21 2011 £307,000
First Floor Flat 54 Milford Street May 11 2007 £180,000
See all 3

Average sold prices for Milford Street
TypeSalesSold Price
Flat/Maisonette1 £180,000
Terraced2 £231,000
All3 £214,000

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