Office for sale in Market Place, Chippenham SN15, £150,000

150,000.00

Offer Nr.:
65748417
Type of ad:
for Sale
Property type:
Office
Contact name:
Huw Thomas Commercial
Phone(s):
01249 584772

**Location**
Chippenham is a busy and expanding town with a population of approximately
40, 000 people. It is located approximately 4 miles south of Junction 17 of the
M4 Motorway and benefits from a main line railway station with a regular
direct service to London Paddington in just over 1 hour.
This property is located on the north side of the upper Market Place adjacent
to a number of professional businesses including Allen & Harris Estate Agents
and Mander Duffill Accountants.
**Description**
The property is a mid - terrace Grade II Listed Building over 3 floors plus
cellar.
From the front pavement, the main entrance door leads into a hallway with a
ground floor office on the left hand side. The office has wood panelling,
carpet floor covering, LED lighting, central heating radiator and window
blinds on a front bay window overlooking the Market Place.
There is an inner lobby with stairs to the first floor and steps leading down
to a basic cellar.
Through the lobby is a further corridor with an office on the left hand side
with papered and painted wall, Cat II lighting, and central heating radiator.
At the rear of the ground floor is a utility area with a Belfast sink, and a
single toilet.
There is a rear door to a pedestrian right of way to the rear of the property.
On the first floor landing is a doorway in the party wall leading through to
39 Market Place, also occupied by Awdry Law llp.
Also on the first floor is a further single toilet and front and rear offices.
Both offices have Cat II lighting; carpet floor covering and central heating
radiators.
Stairs lead up the second floor where there is a further single toilet and two
offices. Off the staircase is a cupboard used as a server room. The offices
have carpet floor covering, Cat II lighting and central heating radiators.
Steep and narrow stairs lead up to a very basic loft area.
**Accommodation**
The building has been measured on a net internal floor area basis.
Sq M Sq Ft
Cellar Not measured
Ground floor
Front office 20. 40 220
Rear office 10. 45 112
Utility space /WC
First floor
Front office 23. 14 249
Rear office 9. 49 102
Single WC
Second floor
Front office 24. 70 266
Rear office 14. 42 156
Single WC
Loft Not measured
total net office space 102. 6 1, 105
**Tenure**
The property is held Freehold under Land Registry Title No. WT277129.
The property has the benefit of a pedestrian right of way at the rear
providing access and egress to St Mary Street.
Tenancy
The whole property is let on a single lease to Awdry Law llp, a long
established regional legal practice.
The lease is granted for a term of 10 years from 29th January 2023. The rent
payable is £11, 000 per annum and is subject to rent reviews on 29th January
2026, 2029 and 2032.
The Tenant has the option to terminate the lease on 28th January 2026, 2029 and
2032 upon giving 6 months prior written Notice. The breaks are personal to
Awdry Law llp only.
The Tenant is responsible for keeping the interior in good and substantial
repair and condition.
The Landlord is responsible for the keeping the exterior is a reasonable state
of repair and condition and wind and watertight.
Over the last few years, the Landlord has completed the following
refurbishment work at the property
• Replaced windows in the front elevation;
• Treatment of roof timbers;
• Roof repairs with replacement of tiles where required;
• Replacement of stairs to second floor;
• Repair work to wall in rear courtyard to include re - rendering.
**Tenant profile**
Awdry Law llp is a regional firm of solicitors with a history stretching back
to 1750. The firm currently has offices in Chippenham, Devizes, Marlborough,
Royal Wootton Bassett and Swindon.
The business has 8 Partners and over 100 staff.
Further information can be found on their website -
**Price**
£150, 000 subject to contract, for the freehold, subject to the existing lease.
We are advised that the property is not registered for VAT therefore there
will be no VAT payable on the purchase price.
**Services**
All mains services are connected to the property.
No 39 has its own gas - fired central heating system served by a boiler at the
rear of the ground floor.
**Business rates**
Awdry Law llp currently occupy both numbers 38 and 39 Market Place that are
interconnected and assessed as single assessment for Business Rates. There is
therefore no separate assessment for No. 38 Market Place.
**Energy performance certificate**
The whole property has been assessed for Energy Performance and has been given
an Asset Rating of 83 within Band D.
A copy of the Certificate and the recommendation Report is available from the
Agent on request.
**Legal costs**
Each party shall be responsible for their own legal costs incurred in any
transaction.

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