Former Natwest Bank, 43 Commercial Road, Totton, Southampton, SO40 3BX

Description
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and lt;br / and gt;The town of Totton is situated approximately 6 miles to the west of Southampton via the A35, within approximately 1 mile of the M271 which links with the M27 motorway. Totton Shopping Centre is the main retail focus for the town. It is located off Commercial Road. and lt;br / and gt;There are two large customer car parks either side of the site. The Centre provides a pedestrianised shopping environment with national occupiers such as Costa, Greggs, Specsavers, Card Factory, Savers and 99p Stores. It is excellently located for the rental market and public transport. and lt;br / and gt;This former banking hall has scope for retail and other uses, including conversion of the uppers to residential or total re-development subject to consents.
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and lt;br / and gt;Accommodation
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and lt;br / and gt;Ground Floor Retail Unit 1,692 sq ft 157.1 sq m and lt;br / and gt;First Floor 1,575 sq ft 146.3 sq m
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and lt;br / and gt;Planning
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and lt;br / and gt;All parties are advised to make their own enquiries of the local authority for confirmation. and lt;br / and gt;Note: lapsed planning for conversion of uppers in 2021 for three flats. REF 21/10455 and lt;br / and gt;There is scope for complete development and conversion of residential subject to planning.
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and lt;br / and gt;EPC Text
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and lt;br / and gt;Asset Rating - B (85)
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and lt;br / and gt;Rating
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and lt;br / and gt;Rateable Value and #163;24,250 and lt;br / and gt;Source - voa.gov.uk and lt;br / and gt;The 2024/2025 small business multiplier is 0.499 (49.9p payable per and #163;1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. and lt;br / and gt;*If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
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and lt;br / and gt;Terms
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and lt;br / and gt;Offers considered in the region of and #163;300,000 subject to contract for the freehold interest with vacant possession on completion.
( Agency Pilot Software ref: 10620 )