468-480 Portswood Road, Southampton, SO17 3SP

Description

Portswood Road lies parallel to Thomas Lewis Way providing good access to M3 and M27 (Junction 5). Southampton Airport and Southampton Parkway are located approximately 2 miles from the subject property and provides direct access to London Waterloo.

The subject property forms part of a student housing scheme which
was built in 2016 and comprises a ground floor sales area and a basement incorporating a WC and accommodation suitable for storage or an office. There is one parking space available at the rear and the property also benefits from a premises licence until XXXm.

Accommodation

Ground floor sales - 99.81 sq m (1,074 sq ft)
Basement (office/storage) - 24.35 sq m (262 sq ft)
Total Net Internal Area - 124.16 sq m (1,336 sq ft)

Planning

We understand the current permitted use to be A1 (Retail) and A3 (Restaurant & Cafe). All parties are advised to make their own enquiries of the local authority.

EPC Text

Rating - B-35

Rating

Rateable Value £XXX
Source www.voa.org.uk

The 2019/2020 standard multiplier is 0.504 (XXX payable per £XXX). 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 an assignment of an existing lease dated of 9th September 2016 for term of 10 years expiring 8th September 2026 at a rent of £XXX per annum exclusive of rates, VAT (if applicable) and all other outgoings.

There is a service charge levied to cover communal costs.
Fixtures and fittings available by way of a premium.

Net Internal Area 124.16 sq m (1,336 sq ft)

Close to Southampton University

Easy access to M27 and M3 via Thomas Lewis Way


Extensive road frontage

Located in a densely populated student and residential area










( Agency Pilot Software Ref: 889 )