Bath Rd | Melksham SN12 6LP
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Bath Rd
Melksham SN12 6LP
Waitrose · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Melksham is an historic market town situated on the River Avon in Western Wiltshire, 12 miles south east of Bath.
- Ground and first floor detached foodstore comprising 18,996 sq ft (1,764.8 sq m).
- The supermarket is let on a reversionary lease to Waitrose Limited for a term of 10 years expiring on 22 April 2035 -A tenant only break option in Y5
- Melksham has an affluent demographic profile with over half the population in the two highest social groups, and over half the population are retired
- Property benefits from large car park of 136 spaces, providing an excellent parking ratio of 1 space : 139 sq ft
- The rent was recently rebased to £160,000 per annum subject to a fixed uplift in year 5 to £170,000 per annum.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Property Size
18,996 sq ft
Costar Property Class
B
Year Built
1990
Tenancy
Single
Number of Floors
2
Plot ratio
0.66
Total Plot Size
0.67 ac
Parking
136 Spaces (7.16 Spaces per 1,000 sq ft Leased)
AMENITIES
- Fenced Lot
- Security System
- Signage
- Skylights
- EPC - C
- Roller Shutters
- Storage Space
- Air Conditioning
- Smoke Detector
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