Salisbury, Escourt Road £250,000
Woolley & Wallis - Salisbury
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Residential/retail investment property fronting the Ring Road with redevelopment potential
2 Lock-up shops, Large 4 bedroom flat, Rear Garden
The property, which is mid-terraced, comprises two lock-up shops each with its own basement together with a large four bedroom flat arranged over the first and second floor. It can be accessed from the rear via a covered passageway off Estcourt Road. We are advised that the neighbouring properties benefit from rights of access through this passageway to the rear of their respective properties. The shops currently share a single WC in a communal area to the rear of the two units where there is also a boiler which serves both the commercial and residential parts.
Subject to planning there may be scope to convert the shops and basements to residential use and combine with the existing flat in order to rearrange the accommodation as three or four residential units.
The property is situated on Estcourt Road in a prominent position fronting the City's Ring Road just south of St Mark's roundabout on the eastern fringes of the City centre.
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.
Approx net internal areas:-
43 Estcourt Road
Shop frontage 3.4 m (11'2")
Shop depth 10.9 m (25'11")
Retail sales 23.8 256
Basement storage 25.8 278
45 Estcourt Road
Currently A5 use (permitted change back to A1)
Shop frontage 4.1 m (13'5")
Shop depth 10.4 m (34'1")
Retail sales 42.6 459
Basement storage 42.6 459
First floor (GIA 74.1 sq m (798 sq ft)
Bedroom (1) 2.8 x 4.5 m (9'2" x 14'9")
Lounge 5.5 x 3.2 m (18'0" x 10'6")
Bedroom (2) 3.8(max)x 3.2 m (12'6"(max) x 10'6")
Kitchen/diner 5.5 x 4.4 m (18'0" x 14'5")
Access to rear balcony
Second floor (GIA 48.4 sq m (521 sq ft)(to height of 1.5 m)
Bedroom (3) 2.8 x 3.1 m (9'2" x 10'2")
Bathroom - -
Bedroom (4) 3.5 x 3.2 m (to 1.5 m) (11'6" x 10'6")
The rear of the property is accessed by a covered alley way positioned between the two shops. The rear garden is principally laid to lawn.
Wiltshire Council - 01722 336272 www.wiltshire.gov.uk
All mains services are available to the property.
From the Woolley and Wallis office proceed out of the City Centre on Castle street and take a right on to Church Hill Way ring road. Upon reaching St Marks round-about take the 5th exit onto Escourt road and continue. The property can be found on the right hand side just before the Wyndam Arms.