The ground floor retail unit benefits from one of the largest shop fronts, along the pedestrianised area of Bitterne Road. The wide glass windows at the front provide the perfect display for any business looking to draw attention to their product, allowing plenty of natural light into the unit. The retail space itself is mostly open plan, which gives a blank canvass for potential tenants to design as they feel best, with the addition of a couple of rooms to the rear, which are ideal for storage/loading. Additional benefits include Kitchen facilities, WC's and rear loading access from the service road at the rear.
( Agency Pilot Software ref: 6369 )
Location
Bitterne Precinct is a strong district centre located 2.5 miles east of Southampton City Centre and 2 miles west of Junction 7, M27. 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
Accommodation
Net Internal Area 220.64 sq m (2,375 sq ft)
Terms
Available by way of a new full repairing and insuring lease for a term to be agreed at £60,000 per annum exclusive of rates VAT (if applicable) and all other outgoings. Note: There is to be a service charge levied to cover communal costs Note: It is understood VAT is not payable on rents.
PLANNING Under the new planning regulations, we believe the current permitted use to be use class ‘E’ which includes uses such as retail, professional services, cafe`, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
RATES Rateable Value £36,750 Source – voa.gov.uk The 2024/2025 small multiplier is 0.499 (XXX payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.
EPC Asset Rating D (82)
CODE OF LEASING All interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy
Specification
- Adjacent to public car park
- Benefitting from rear access and loading
- Prominent position in busy precinct
- No VAT payable
- Open plan retail space