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123 Exeter Street, Salisbury, Wiltshire, SP1

£750,000

£275.33 per sq ft

Business rates & charges may apply

Whozoo, London
SIZE AVAILABLE

2,724 sq ft

253 sq m

SECTOR

High street retail property for sale

Floor/Site plan 1Floor/Site plan 2
3

Key features

  • Freehold mixed-use investment in central Salisbury
  • 2,724 sqft GIA across ground and upper floors
  • Let to Medivet Group Ltd and residential AST tenants
  • Producing £64,000 per annum rental income
  • Potential to extend (STPP) and enhance long-term value

Description

123 Exeter Street comprises a freehold mixed-use asset in a prominent location in Salisbury. The building totals 2,724 sqft and includes ground-floor commercial space and two residential units above. There is off-street parking to the side, accessed via Carmelite Way.

The commercial element is let to Medivet Group Ltd on a 15-year lease from August 2021 at £40,000 per annum. Rent reviews are five-yearly and upward only. The lease includes tenant break options at years five and ten. The tenant maintains their area and contributes to insurance and structural repairs.

The upper floors are let on two Assured Shorthold Tenancies, producing £24,000 per annum. Combined, the property generates £64,000 in gross annual income. With scope to extend or reconfigure (STPP), this asset offers secure income and potential for future value growth.

Brochures

123 Exeter Street, Salisbury, Wiltshire, SP1

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Salisbury Station0.7 miles

About Whozoo, London

Unit 2, 2 Delacourt Road, London, SE3 8XA

Whozoo is a leading commercial and development agency, offering expert property services across the UK. With a deep understanding of the market, we help clients navigate every stage of the commercial property process, from acquisition and disposal to development and investment. Our nationwide reach ensures that businesses, developers, and investors receive tailored solutions that align with their goals and maximize their property's potential.

At Whozoo, we are dedicated to delivering the highest quality service, combining industry expertise with innovative strategies to drive exceptional results. We leverage cutting-edge marketing techniques, data-driven insights, and a proactive approach to ensure every property achieves maximum exposure and value. Our commitment to professionalism, transparency, and client success sets us apart in the industry.

Whether you are looking to buy, sell, or develop commercial property, Whozoo provides a seamless, results-driven experience designed to help you unlock new opportunities and achieve your objectives.

Notes

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Disclaimer - Property reference LON00099C. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Whozoo, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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