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78 Bedford Place, Southampton, SO15 2DF

706 Sq Ft / Retail / Retail - High Street

Withdrawn - Last updated: 12 April 2023

Description



The property occupies a prominent location close to the junction of Bedford Place, Carlton Place and Henstead Road within this popular commercial location. Bedford Place is a popular trading location within the city centre. It is situated within the business district and has a large student population. There are numerous car parks in close proximity of the property in addition to public meter parking on Bedford Place. Bedford Place comprises both national and local retailers which include McColl's, Sainsbury's and Revolution in addition to independent hair dressers, barbers and cafe operators.

The property comprises ground and lower ground floor retail space and would suit a variety of businesses.



Accommodation



Ground Floor 379 sq.ft (35.21 sq.m)
Lower Ground Floor 327 sq.ft (30.38 sq.m)
Total Internal Area 706 sq.ft (65.59 sq.m)




Planning



Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe', health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.



EPC Text



Asset Rating - D(83)



Rating



Rateable Value £7,500
Source www.voa.org.uk The 2023/2024 small business multiplier is 0.499 (XXX 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 £16,000 per annum exclusive of rates VAT (if applicable) and all other outgoings.




All interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy.




( Agency Pilot Software ref: 75 )


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