Property Information
Address:
421 Millbrook Road West, Southampton, Hampshire, SO15 0HX
, SO15 0HX
Price: Property no longer available.
Size: 546 sq ft50 sqm
Primary Category: Shop
All Categories:
Leisure, Restaurant, Shop,
Property Ref/Movehut: MH609826
Property Ref/Agent: 421 Millbrook Road West, Southampton, Hampshire, SO15 0HX - 1363
*Please use the agent ref when calling the agent directly.
Property description
Description
Situated approximately two miles from Southampton City Centre on the A33 Western Approach Road, the property forms part of a local shopping parade set back from the main road by a service road.
The ground floor retail unit is in good condition and currently fitted out as a cafe with the equipment available, subject to negotiation. The property benefits from two WCs, kitchen , shutter door and two hours free parking at the front.
Bullets Points 1
Ground floor
Sales area 41.81 sq m (450 sq ft)
Kitchen 8.95 sq m (96 sq ft)
Total Net Internal Area 50.76 sq m (546 sq ft)
Bullets Points 5
We understand the current permitted use to be A3 (Restaurant & Cafe). All parties are advised to make their own enquiries of the local authority.
Bullets Points 7
Asset Rating - C67
Bullets Points 3
Available by way of a new effectively Full Repairing and Insuring lease for a term to be agreed at an initial rent of £12,500 per annum exclusive of rates, VAT (if applicable) and all other outgoings
Note: We are advised VAT is payable on the rents.
Bullets Points 2
Rateable Value £8,900*
Source - voa.gov.uk
The 2018/2019 standard multiplier is 0.493 (49.3p 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
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