Retail premises to let in 76 High Road, Southampton, Hampshire SO16

Description

Swaythling is a suburb of Southampton, north of the city centre and is heavily populated by students, with the university in close proximity. The subject property is located on High Road within easy access of junction 5 of the M27 via Stoneham Way and within a densely populated student/residential area. Nearby occupiers include McDonalds, Subway and The Co-operative.

This newly refurbished retail unit consists of a wide, open plan, retail space, benefitting from a separate kitchen, and 3x WC's. The ground floor has recently been fully repaired, and improvements made to the walls, floor and ceilings of the property. The wide glass frontage will perfectly display any business to the very good levels of passing road traffic as well as good levels of foot fall from passing pedestrians. The unit lends itself to a wide variety of use classes, including retail, office, medical or other Class E users.

Accommodation

Net Internal Area 144.91 sq m (1,560 sq ft)

Rating

Rateable Value £14,500
Source - The 2023/2024 small 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 £17,500 per annum exclusive of rates VAT (if applicable) and all other outgoings.
Note: There is to be a service charge levied to cover communal costs

Planning

All parties are advised to make their own enquires of the local authority for confirmation. We believe the property has use class sui generis - betting shop consent.

EPC Text

Asset Rating - C58