Ground Floor Shop Unit , 419-427, Bitterne Road, Bitterne, Southampton, SO18 5EE

Description

The property occupies a prominent location fronting Bitterne Road located adjacent to Savers. Occupiers within the vicinity include Iceland, Poundstretcher, Shoe Zone, Peacocks and Sainsbury's.

The retail unit is arranged on ground floor level forming part of a larger development comprising residential accommodation over the upper floors. There is the benefit of rear access and loading.

Accommodation

Floor Area
Sales area - 2,211 sq ft (205.41 sq m)
Store - 164 sq ft (15.23 sq m)
Total Net Internal Area - 2,375 sq ft (220.64 sq m)

Planning

We understand the current permitted use to be A1 (Retail). All parties are advised to make their own enquiries of the local authority.

EPC Text

Asset Rating - C-69

Rating

Rateable Value £43,750
Source www.voa.org.uk

The 2019/2020 standard multiplier is 0.491 (XXX payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.

Terms

Available by way of a new effectively Full Repairing and Insuring lease for a term to be agreed at an initial rent of £37,500 per annum exclusive of rates, VAT (if applicable) and all other outgoings.

Please note: we are advised VAT is not payable on the rents.
( Agency Pilot Software Ref: 6369 )