Retail premises for sale in Market Place, Chippenham SN15, £195,000

195,000.00

Offer Nr.:
65854732
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 Market Place is a historic area of the town with mainly local independent
traders. The property fronts the Market Place, with rear access from Lord’s
Lane. There is short term on - street parking immediately in front of the shop.
**Description**
The property is a mid - terrace Grade II Listed building with a retail unit on
the ground floor and separately accessed upper parts extending over the first
and second floors.
The ground floor of the property had a long established use as a café.
The whole property offers an excellent opportunity for significant
refurbishment throughout.
From the Market Place, a slightly recessed doorway opens into the ground floor
space that has long been used as a café.
To the rear of the ground floor is a step up to the former kitchen area.
A door leads out to a rear courtyard that also has a gated access from Lord’s
Lane.
There is a toilet off the courtyard.
An external wooden staircase leads up to a upvc door that opens into the first
floor.
There is a large potential living room; kitchen area; bathroom / WC and double
bedroom with fitted cupboards overlooking the Market. All the first floor
space is in a poor decorative condition and in need of refurbishment.
A further narrow and bending staircase leads up to a second floor room.
The property is in poor decorative order throughout and in need of a scheme of
significant refurbishment.
**Accommodation
**
Sq M Sq Ft
**Ground floor**
Café/ sales area 35. 74 385
Kitchen area 19. 45 209
Store cupboard 1. 06 11
56. 25 605
**First floor**
Large rear room 22. 27 240
Kitchen area 10. 89 117
Bathroom /WC 4. 31 46
Large front room 15. 03 162
52. 5 565
**Second floor**
Large room 11. 73 126
total 120. 48 1, 296
**Terms**
The property is offered for sale freehold with vacant possession.
**Price**
£195, 000, subject to contract.
We are informed that the property is not registered for VAT, so it is not
payable on the purchase price.
**Business rates**
The Valuation Office Agency website lists the property as having a Rateable
Value effective from 1st April 2023 of £6, 900.
The Rateable Value is below the threshold for full Small Business Rate Relief
for qualifying occupiers.
The first floor does not currently have a Council Tax listing on the
Government website.
**Energy performance certificate**
The ground floor of the property has an Energy Performance Certificate with a
rating of 76 in Band D.
There is no EPC registered for the upper parts of the property.
**Legal costs**
Each party shall be responsible for their own legal costs incurred in any
transaction.

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