High Street, West End
Business rates & charges may apply
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- SECTOR
High street retail property for sale
Description
LOCATION
Situated along the northern edges of Southampton, this property benefits from forming a busy row of retail units close to The Ageas Bowl Cricket Stadium.
Situated close to the M27 motorway towards Southsea.
DESCRIPTION
The unit is currently occupied by a Chinese-Takeaway which benefits from being close to various retail and leisure units including nearby public houses and supermarket.
Currently held on a long-leasehold tenure covered by the '54 Act giving the tenant the right to renew their current lease on the same terms.
15-year lease beginning in 2017 - having nine years remaining.
The tenant is paying £13,720pa with three-yearly rent reviews under the current lease.
ACCOMMODATION
See attached plans.
Ground-floor retail area measures 54.8sqm with first-floor storage measuring 29.7sqm.
Ground-floor retail unit with storage above.
TERMS
Freehold investment with a Leasehold Tenant.
OUTGOINGS
Current rateable value being £6,400 with the tenant paying half of this.
VAT
Not Applicable.
LEGAL COSTS
Each party bares their own costs.
VIEWING
By appointment with Kings Estates as the sole vendor.
High Street, West End
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hedge End Station1.8 miles
- Bitterne Station1.9 miles
- Southampton Airport Parkway Station2.0 miles
About Kings Estates Commercial, National
Murrills House 48 East Street, Portchester, Fareham, PO16 9XS
“Kings Estates Commercial is a modern, enterprising estate agency with offices in Southampton, Portsmouth and Guildford offering Commercial Estate Agency services and marketing to a range of clients throughout the country.
Our clientele ranges from major investors to local businesses looking to let or sell commercial premises.
As an independent estate agency, we can offer a tailor made and personable service for all our clients, keeping their interests as our interests.
For
Notes
Disclaimer - Property reference 103592000620. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kings Estates Commercial, National. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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