1. Property photo 1 of 5 Front Elevation
  2. Property photo 2 of 5 Front Elevation
  3. Property photo 3 of 5 Internal View
Available immediately
Unfurnished

From

£30,000 pa

(£26.00/sq. ft. pa)

Retail premises to let

Shirley High Street, Southampton SO16
From 2,115 - 4,705 sq. ft

From

£30,000 pa

(£26.00/sq. ft. pa)

Retail premises to let
Shirley High Street, Southampton SO16

    • From 2,115 - 4,705 sq. ft

Available immediately
Unfurnished

About this property

    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.

    This substantial unit has been trading successfully for many
    years and now offers a new occupier (or occupiers) an
    opportunity to acquire all or part of the premises.
    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.

    Gross Shop frontage: 40’6”
    Shop depth: 120’
    Total Sales area: 4,700 square feet/ 436.64 square
    metres
    Rear ancillary: 325 square feet / 30.19 square metres.
    The unit could be split to provide two separate floor areas:
    Left hand side (94): 2,590 square feet/
    240.62 square metres, Right hand side (96) 2,115 square feet / 196.49 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 £55,000 per annum
    exclusive payable quarterly in advance.
    There will be rent reviews at the end of each
    third year.
    If split, the terms would be as follows:
    Left hand side (94): £30,000 per annum exclusive, Right hand side (96): £25,000 per annum exclusive.
    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 retail unit is £33,500 (payable:
    £18,760 at a multiplier of 0.546 in the pound/
    £ (2024/25). If split, the rv will need reassessment
    and accordingly. Small Business Rate Relief
    maybe offered.

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