Retail premises for sale in Market Street, Eastleigh SO50
* Calls to this number will be recorded for quality, compliance and training purposes.
- NIA - 1,023 sq.ft (95.04 sq.m)
- Prime trading position
- Use class 'E'
- Space to park 4-6 cars at the rear
- Would suit conversion of first floor flat (stp)
- Good transport links with Eastleigh Train Station located a short walk away
Eastleigh is located approximately 5 miles north of Southampton and 9 miles south of Winchester; both accessed via Stoneham Way/Thomas Lewis Way and M3 respectively. The subject property is located in a prominent trading position on Market Street, the main shopping area of Eastleigh. Eastleigh Train Station is within a short walk and nearby occupiers include Superdrug, Millets, Savers and those trading in the Swan Centre.
The premises comprises ground floor sales area, partitioned off towards the rear, benefiting from storage and WC. There is also first floor ancillary retail space which may be suitable for conversion to living accommodation.
The is space to park 4-6 cars at the rear.
Ground Floor 684 sq.ft (63.55 sq.m)
First Floor 339 sq.ft (31.50 sq.m)
Total Internal Area 1,023 sq.ft (95.05 sq.m)
Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe`, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
Asset Rating - tbc
Rateable Value £9,100
Source The 2023/2024 small business multiplier is 0.499 (4.99p 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 a new full repairing and insuring lease for a term to be agreed at £24,000 per annum exclusive of rates VAT (if applicable)
and all other outgoings.
Alternatively, available for the freehold at a guide price of £375,000
subject to contract.
Note: It is understood VAT is not payable on rents
All interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Primmer Olds BAS, SO15 on +44 23 8210 6295 * (local rate)
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Primmer Olds BAS, and do not constitute property particulars. Please contact Primmer Olds BAS 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.