Retail premises for sale in Gladstone Parade, Chippenham SN15, £275,000

275,000.00

Offer Nr.:
65466872
Type of ad:
for Sale
Property type:
Retail premises
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.
The property is located in a prominent corner position at the junction of
Gladstone Road and Timber Street on the site of the former Goldiggers Club.
Nearby occupiers include the Gladstone Arms pub, 24/7 Staffing, Buckles Fish
and Chips and the Chippenham town library.
**Description**
The available property is a ground floor office /retail space with separate
residential units above. The property has its entrance from Timber Street, but
benefits from a large glazed window fronting Timber Street and 2 large display
windows fronting Gladstone Road.
Internally it provides good, clear open plan space, partially separated by a
stud partition wall and a single partitioned office at the rear.
Within the rear open plan area is a kitchen area with floor and wall - mounted
storage units and worktop with sink & drainer.
The space has carpet floor covering, full suspended ceiling with integral Cat
II lighting and air conditioning units; wall mounted electric heaters.
At the rear of the space are two toilets, one suitable for disabled person
access; a bin store and a fire exit to the exterior.
**Accommodation**
Sq M Sq Ft
Ground floor 225. 33 2, 425
**Terms**
The property is held via long lease for a term of 999 years commencing 16th
December 2004 at peppercorn rent without review.
**Price**
£275, 000, subject to contract and exclusive of VAT.
We are informed that VAT at the standard rate will be payable on the purchase
price.
**Use**
The property is currently used for offices under the former Class A2 Use Class
that would now fall within Class E.
The property is therefore suitable for a wide variety of uses including:
• Office use
• Retail sales
• Café
• Medical /health - related uses
• Beauty
The lease does prohibit the property being used as funeral director or for the
washing and cleaning of clothing, on the premises.
**Service charge**
The lease contains provision for a service charge toward the repair and
maintenance of the exterior of the property, but no charge has ever been
invoiced to the current tenant.
**Business rates**
The Valuation Office Agency website lists the property as having a Rateable
Value effective from 1st April 2023 of £21, 750.
**Energy performance certificate**
The property has been given an Energy Performance rating of 44 in Band B.
A copy of the EPC and 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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