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For Sale ON BEHALF OF KERRY BAILEY AND SARAH RAYMENT JOINT FIXED CHARGE RECEIVERS Former Co-Op Bell Street Shaftesbury, SP7 8AR Freehold Investor/Developer or Occupier Opportunity Retail/Mixed use 08449 02 03 04 gva.co.uk/14497

For Sale - Microsoft€¦ · For Sale ON BEHALF OF KERRY BAILEY AND SARAH RAYMENT JOINT FIXED CHARGE RECEIVERS Former Co-Op Bell Street Shaftesbury, SP7 8AR Freehold Investor/Developer

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Page 1: For Sale - Microsoft€¦ · For Sale ON BEHALF OF KERRY BAILEY AND SARAH RAYMENT JOINT FIXED CHARGE RECEIVERS Former Co-Op Bell Street Shaftesbury, SP7 8AR Freehold Investor/Developer

For SaleON BEHALF OF KERRY BAILEY AND SARAH RAYMENT JOINT FIXED CHARGE RECEIVERS

Former Co-OpBell Street Shaftesbury, SP7 8AR

Freehold Investor/Developer or Occupier Opportunity

Retail/Mixed use

08449 02 03 04gva.co.uk/14497

Page 2: For Sale - Microsoft€¦ · For Sale ON BEHALF OF KERRY BAILEY AND SARAH RAYMENT JOINT FIXED CHARGE RECEIVERS Former Co-Op Bell Street Shaftesbury, SP7 8AR Freehold Investor/Developer

08449 02 03 04 | Former Co-Op | Bell Street, Shaftesbury, SP7 8AR

Highlights– Focal Town Centre Property

– Adjacent to central car parks

– Freehold

– GIA 15,854 sq. ft. approx

– Site area 0.34 acres (0.14 hectares)

– Opportunity for reconfiguration / change of use

– Offers invited

– Subject to contract

Further information available at gva.co.uk/14497

LocationShaftesbury is a prosperous and historic market town 20 miles south west of Salisbury and 22 miles east of Yeovil. The town is attractive and affluent with good transport links; the A303 provides excellent access to London via the M3 and to the south west via the M5 at Exeter.

SituationThe subject property is located in the centre of the town on the northern side of Bell Street which connects into the High Street, adjacent to two surface public car parks with a total of approximately 150 pay and display spaces. Traders within the town include Boots, M & Co, WH Smith and a wide selection of independent traders. Close to Bell Street is a large Tesco Superstore with car parking for an additional 220 cars.

DescriptionThe property comprises a two storey standalone supermarket of steel frame construction with brick elevations under multiple pitched tiled roofs.

As currently arranged, the property is divided into a ground floor sales area (broadly fitted as a supermarket) with two storeys providing ancillary storage, staff facilities and offices to the rear. The property has the benefit of a gated service yard to the side.

The property also benefits from two 30 person or 3,000 kg capacity goods lifts, refrigeration units and a single metal roller shutter door that provides access into the rear enclosed yard.

Page 3: For Sale - Microsoft€¦ · For Sale ON BEHALF OF KERRY BAILEY AND SARAH RAYMENT JOINT FIXED CHARGE RECEIVERS Former Co-Op Bell Street Shaftesbury, SP7 8AR Freehold Investor/Developer

08449 02 03 04 | Former Co-Op | Bell Street, Shaftesbury, SP7 8AR

50 metres

For more information on our products and services:www.experian.co.uk/goad | [email protected] | 0845 601 6011

Shaftesbury

Experian Goad Plan Created: 29/05/2018Created By: GVA

Copyright and confidentiality Experian, 2017. © Crown copyright and databaserights 2017. OS 100019885

OpportunityThis property has potential for sub-division. A real opportunity for investor/developers to create a range of exciting uses to maximise break-up value.

Schedule of AccommodationThe property has the following approximate gross internal

areas (GIA):

TenureThe property is offered on a freehold basis with vacant possession.

Alternatively, consideration will be given to letting of the entire property.

SITE PLAN

Floor UseGross Internal Floor AreasSq m Sq ft

Ground Sales/storage 984.9 10,601

First Storage/staff 480 5,253

Totals 1,472.9 15,854

Page 4: For Sale - Microsoft€¦ · For Sale ON BEHALF OF KERRY BAILEY AND SARAH RAYMENT JOINT FIXED CHARGE RECEIVERS Former Co-Op Bell Street Shaftesbury, SP7 8AR Freehold Investor/Developer

08449 02 03 04 | Former Co-Op | Bell Street, Shaftesbury, SP7 8AR

Planning The property lies within the Shaftesbury Conservation Area. We believe the property has planning permission for its current use as a supermarket (A1).

On behalf of the Receivers, GVA have submitted a pre-application to North Dorset District Council.

Potential uses include A1 (retail), A2/3/4/5 (Services, Food and Drink), B1 (Office), D2 Leisure/gym & C3 Residential.

Potential to increase building to 3 storeys and an increase in massing. Minutes of the planning meeting with North Dorset District Council and their pre-application response are available to download from our website on gva.co.uk/14497

We recommend that potential interested parties obtain their own planning advice.

Rateable ValueThe property is assessed in the 2017 rating list with a rateable value of £234,282. We recommend all prospective parties make their own enquiries into the actual liability.

For further information:North Dorset Council - www.dorsetforyou.gov.uk/business-consumers-licences/business-rates/Valuation Office - www.voa.gov.uk

Energy Performance CertificateAvailable upon request

Proposal Offers Invited for the freehold interest. Guide price on application. We are informed by HMRC that an option to tax has been exercised so VAT will be payable on the purchase price.

Page 5: For Sale - Microsoft€¦ · For Sale ON BEHALF OF KERRY BAILEY AND SARAH RAYMENT JOINT FIXED CHARGE RECEIVERS Former Co-Op Bell Street Shaftesbury, SP7 8AR Freehold Investor/Developer

08449 02 03 04 | Former Co-Op | Bell Street, Shaftesbury, SP7 8AR

GVASt Catherine’s Court, Berkeley Place, Bristol, BS8 1BQ 0117 984 2400

GVA is the trading name of GVA Grimley Limited. 2018 GVA

Particulars dated October 2018

GVA hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent GVA is) in this brochure is provided on the following conditions:(1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract.(2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.

(3) No person in the employment of GVA, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure. (4) All prices quoted are exclusive of VAT.(5) GVA shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not by GVA.

For further information, please contact:

Andrew CapesT 0117 988 5234M 07584 108045E [email protected]

Ben Lovell T 0117 988 5319 M 07769 886681 E [email protected]

Property ref:gva.co.uk/10232

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