Property Information
Address:
18 East Street, Southampton, SO14 3HG
, SO14 3HG
Price: Property no longer available.
Size: 1966 sq ft182 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH607250
Property Ref/Agent: 18 East Street, Southampton, SO14 3HG - 3978
*Please use the agent ref when calling the agent directly.
Property description
Description
East Street is a retail pitch in Southampton located between High Street/Above Bar Street and Debenhams on Queensway. The continued regeneration of the immediate area, including the redevelopment of the former Bargate Centre and East Street shopping centre, has cemented East Street as a well-positioned retail location with the impending sharp increase of nearby residence.
The subject property comprises well configured retail space over ground and first floor level.
There is rear access with rights for loading and unloading.
Bullets Points 1
Ground floor
Net sales area 1,966 sq ft 182.66 sq m
Kitchen 51 sq ft 4.71 sq m
WC's
First Floor Net sales/Ancillary 968 sq ft 89.94 sq m
Total sales 2,934 sq ft 272.60 sq m
Areas stated are measured on a Net Internal Area and in accordance with the RICS Code of Measuring Practice 6th Edition.
Bullets Points 5
It is understood to be A1 (Retail). All parties to make their own enquiries of the Local Authority for confirmation.
Bullets Points 3
Available by way of a new Full Repairing and Insuring lease for a term to be agreed at an initial rent of £29,500 per annum exclusive of rates, VAT (if applicable) and all other outgoings.
Note: it is understood that VAT is not payable on rent.
Bullets Points 2
Rateable Value £19,250
Source - voa.gov.uk
The 2016/2017 standard multiplier is 0.497 (49.7p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.
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