£35,000 pa
(£26.00/sq. ft. pa)
Retail premises to letShirley High Street, Southampton SO16
2,590 sq. ft
Available immediately
Unfurnished
About this property
Location:
This prominent mid terraced retail unit is in the prime part of Shirley High Street, close to several national retailers such as Specsavers, Pizza Hut, Boots, Nationwide, Poundland, Santander, Savers, Halifax, Ladbrokes, the Shirley precinct and Sainsbury’s supermarket. The building is situated on the west side of busy Shirley High Street, between the junctions of Newman Street and Park Street.
Access to the M27 (Junction 3) is within about two miles, allowing quick and easy access to Southampton Airport and Parkway station, all parts of the Solent region, and further afield via the national motorway network.
Accommodation:
The accommodation benefits from all the usual modern facilities including an acoustic tiled ceiling, fluorescent lighting, a tiled floor, gas fired heating, and rear access for loading and a fire escape.
Floor Areas:
Gross Shop frontage: 20'3"
Shop depth: 120'
Total Sales area: 2,590 / 240.62 square metres
Rear ancillary: 325 square feet / 30.19 square metres.
Areas measured on site in accordance with RICS Code of Practice on a net internal
basis.
Tenure: A new lease will be granted for a term by agreement, on the usual Fri basis.
Rent: The initial rent will be £35,000 per annum exclusive payable quarterly in advance, plus VAT. There will be rent reviews at the end of each third year.
Legal costs: Each party will be responsible for their own legal expenses in preparing and executing the lease.
Rates: According to enquiries of The Valuation Office the Rateable Value for the entire ground floor (units 94 & 96) retail unit is £33,500 (payable: £18,760 at a multiplier of 0.546 in the pound / £ (2024/25). This represents part of the original total so we expect the rv will be in the order of £18,000, and therefore an approximate payable figure of £9,250. Small Business Rate Relief maybe offered.
This prominent mid terraced retail unit is in the prime part of Shirley High Street, close to several national retailers such as Specsavers, Pizza Hut, Boots, Nationwide, Poundland, Santander, Savers, Halifax, Ladbrokes, the Shirley precinct and Sainsbury’s supermarket. The building is situated on the west side of busy Shirley High Street, between the junctions of Newman Street and Park Street.
Access to the M27 (Junction 3) is within about two miles, allowing quick and easy access to Southampton Airport and Parkway station, all parts of the Solent region, and further afield via the national motorway network.
Accommodation:
The accommodation benefits from all the usual modern facilities including an acoustic tiled ceiling, fluorescent lighting, a tiled floor, gas fired heating, and rear access for loading and a fire escape.
Floor Areas:
Gross Shop frontage: 20'3"
Shop depth: 120'
Total Sales area: 2,590 / 240.62 square metres
Rear ancillary: 325 square feet / 30.19 square metres.
Areas measured on site in accordance with RICS Code of Practice on a net internal
basis.
Tenure: A new lease will be granted for a term by agreement, on the usual Fri basis.
Rent: The initial rent will be £35,000 per annum exclusive payable quarterly in advance, plus VAT. There will be rent reviews at the end of each third year.
Legal costs: Each party will be responsible for their own legal expenses in preparing and executing the lease.
Rates: According to enquiries of The Valuation Office the Rateable Value for the entire ground floor (units 94 & 96) retail unit is £33,500 (payable: £18,760 at a multiplier of 0.546 in the pound / £ (2024/25). This represents part of the original total so we expect the rv will be in the order of £18,000, and therefore an approximate payable figure of £9,250. Small Business Rate Relief maybe offered.
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