Roebuck House, 24 Bedford Place, Southampton, Hampshire, SO15 2DB
, SO15 2DB
Price: Rent: POA Sale Price: POA
Size: 170 sq ft15 sqm Primary Category: Shop All Categories:
Leisure, Restaurant, Office, Shop, Property Ref/Movehut: MH618369 Property Ref/Agent: Roebuck House, 24 Bedford Place, Southampton, Hampshire, SO15 2DB - 6161
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: July 13, 2020
The commercial units are located in Lower Banister Street within close proximity of Bedford Place and London Road; both of which are popular retail locations north of Southampton City Centre. Whilst forming part of an evening circuit, popular with the surrounding student population, the area is also one of the most recognisable business districts in the city. With long established bar and restaurant occupiers such as 90 Degrees, Pop World and 4Q, the area also comprises professional occupiers such as solicitors, accountants and financial institutions.
The five commercial units are due to be completed at the end of the summer 2019 and will benefit from the following specifications:
Unit 1 - 968 sq ft (89.93 sq m) - £16,500 pa (£1,375 pcm)
Unit 2 - 1,410 sq ft (130.99 sq m) - £21,000 pa (£1,750 pcm)
Unit 3 - 404 sq ft (37.53 sq m) - £7,500 pa (£625 pcm)
Unit 4 - 404 sq ft (37.53 sq m) - £7,500 pa (£625 pcm)
Unit 5 - 170 sq ft (15.79 sq m) - £5,000 pax (£417 pcm)
Total - 3,356 sq ft (311.77 sq m)
There is potential to combine units 1 and 2
We understand planning has been granted for uses falling with A1 (Retail), A2 (Financial & Professional Services), A3 (Restaurant & Cafe), B1a (Office) and D2 (Assembly & Leisure). For further information please refer to the Decision Notice reference 16/01558/FUL.
Asset rating to be assessed on completion.
To be assessed
The 2019/2020 standard multiplier is 0.504 (50.4p 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.
Available by way of effectively Full Repairing and Insuring leases for terms to be agreed.
Rents listed in the accommodation table are exclusive of rates, VAT (if applicable) and all other outgoings.