Lloyds Bank, The Square, Bishops Waltham, Southampton, SO32 1GS

Description



The building is a distinctive Georgian-style property on the corner of The Square and The High Street in the medieval market town of Bishops Waltham, a midpoint to the long-established route between
Winchester and Portsmouth.
The building comprises a two-storey sales area including a banking hall with an ancillary strong room and office on the ground floor, with offices and staff room situated on the first floor.



Accommodation



Ground Floor - 2,454 sq.ft (228 sq.m)
First Floor - 1,658 sq.ft (154 sq.m)
Total Internal Area - 4,112 sq.ft (382 sq.m)



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.



EPC Text



Asset Rating - D98 - Expiring May 2023



Rating



Rateable Value £48,250
Source www.voa.org.uk The 2022/2023 small business 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. *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.



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.
Alternatively this property is available at a guide price of £625,000 for the freehold interest subject to contract.








( Agency Pilot Software ref: 2680 )