135 St. Mary Street, Southampton, Hampshire, SO14 1NX

Property Information

Property description

Description

The property occupies a corner position in the centre of St Mary's retail offering, an established secondary trading position about half a mile from Southampton City Centre. The retail area predominately comprises independent A1 and A3 operators.
The property consists of a basement, ground and first floor, which is currently configured as a community use building with the majority of the rooms set up as offices. The basement can be accessed by a separate access door at the front of the property and is setup as a "social club" with office, storage and WC's. The ground and first floors consist of various office rooms, including an open plan communal area and WC's.

Accommodation

Basement 1,668 SqFt (154.99 SqM)

Ground Floor 1,855 SqFt (172.39 SqM)
First Floor 1,326 SqFt (123.17 SqM)
Total Internal Area 4,849 SqFt (450.55 SqM)

Planning

Interested parties to make their own enquiries.

EPC Text

Asset Rating - C (72)

Rating

Rateable Value Basement: £2,300
Ground and first floor £24,250
Source - voa.gov.uk
The 2023./2024 small business multiplier is 0.499 (49.9p 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 £xxx per annum (£xxxper sqft) exclusive of rates VAT (if applicable) and all other outgoings.

Note: There is to be a service charge levied to cover communal costs
Note: It is understood VAT is/is not payable on rents.

Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.
GIA 4,849 sq ft (450.55 sq m)
Asking price £450,000
Vacant possession
Suitable for owner occupation
Prominent corner position
Development potential (subject to planning)

EPC for 135 St. Mary Street, Southampton, Hampshire

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