Retail premises for sale in High Street, Eastleigh SO50

£265,000 (£253.83/sq. ft)
Retail premises for sale 1,044 sq. ft*
Interested in this property? Call +44 23 8210 0395 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Eastleigh High Street
  • Freehold or Leasehold Available
  • Ground floor premises
  • Nia of 1,044 Sq Ft
  • Currently A2 Use (Superseded by Class E on 1/9/20)
  • Other Uses Considered (STPP) except takeaway or hot food establishments
  • New lease available at £18,250 pax
  • Freehold with vacant possession available at £265,000
  • No VAT payable

Property description

A ground floor end of terrace retail premises dating from the early 20th-century and most recently occupied by Ladbrokes bookmakers. The unit is air-conditioned with a suspended ceiling, recessed spotlighting and wood flooring. It is rectangular in shape to provide a fully open-plan trading area with a retail frontage of 11'10", while the facilities are complemented by two customer WCs (M/F), staff room/kitchen, WC and storage cupboard.


Tenure


The property is available to let on a new effective fully repairing and insuring lease for a term to be agreed at an initial rent of £18,250 per annum in Year 1, with stepped rental increases annually thereafter. This sum is exclusive of business rates, insurance and service charge. Alternatively, our client would consider a freehold sale with vacant possession at £265,000.


Rateable value


Online enquiry via indicates a rateable value of £18,250 in the 2017 List, suggesting rates payable of £9,106. Interested parties are advised to check the accuracy of this information with the Local Authority.


Legal costs and VAT


Each party is expected to bear their own legal costs in any transaction. No VAT is payable.


EPC rating


The property is rated C, valid until 6 January 2031 under certificate number .


Viewings


All enquiries and appointments to view must be made via sole agent Trinity Rose Commercial on .<br /><br />Eastleigh is a large and busy town to the north of Southampton with excellent transport links to the M3/M27, Southampton Airport and the mainline rail link to London Waterloo.

Many multiple retailers are represented close to this property including Pets Corner, Nationwide Building Society, Iceland Foods, numerous estate agents, independent cafes and retailers.

On nearby Market Street there is Sainsburys, Boots, Coffee#1, Costa, Superdrug, Millets and Burton, while the Swan Shopping Centre is just to the south at the end of the street.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Trinity Rose Commercial, SO53 on +44 23 8210 0395 * (local rate)

Contact Trinity Rose Commercial about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Trinity Rose Commercial, and do not constitute property particulars. Please contact Trinity Rose Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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