Leased

High Street Retail Property for rent

Hanover Buildings, Southampton, Hampshire SO14


£15,000 per year
£1,250 per month
1,065 ft²

Features

  • 1065 Sq Ft Net Internal Area (nia)
  • Double-fronted unit
  • Extensively refurbished
  • Kitchenette
  • New lease available
  • New shopfront
  • No VAT payable
  • Rent £15,000 pax
  • Southampton City Centre
  • WCs (M/F)

Description

The property benefits from a large double frontage and has been recently refurbished to include a new shopfront and a shell unit has been created for a new tenant to take on and re-fit as required. To the rear of the unit is a staff area with kitchenette and male/female WCs, but please be advised that there is no rear access into the building.

The landlord is not prepared to accept restaurant or takeaway uses involving any form of kitchen extraction.
Accommodation

A ground floor premises with a net internal area of approximately 1065 Sq Ft / 98.94 Sq M. This is comprised of a sales area of 784 Sq Ft and ancillary space of 281 Sq Ft.
Tenure

A new Fri lease is proposed for a term to be agreed with 5 yearly rent reviews, at a rent of £15,000 pa exclusive of rates, insurance & service charge. No VAT is payable.
Rateable value

To be re-assessed, with a view to the Rateable Value being as close to £12,000 as possible.
Legal costs and VAT

Each party is expected to bear their own legal costs in any transaction. The property is not VAT elected.
EPC rating

D (91) - however this may be amended, if required, now that renovation works are completed.
Viewings

All enquiries and viewings to be made via sole agent Trinity Rose Commercial on .

These premises are prominently located in Hanover Buildings, the street leading from prime Above Bar to the former Debenhams. The road has attracted a number of more specialist retailers such as Forbidden Planet, Sweatshop, Wholefoods Co-Operative, as well as Taco Bell & Bella Italia.

Categories

High Street Retail Property
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Property reference
TH2315_22