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9 South Parade, Totton, Southampton, SO40 3PY
713 Sq Mt / Retail / Retail - High Street
Withdrawn - Last updated: 25 January 2023
Description
Totton is situated approximately 6 miles to the west of Southampton via the A31/A36.
The subject property is located within Totton town centre in an established retail position forming part of a parade of shops with
adjoining users including Motor World, Micheal Rhodes Estate Agents and Lloyds Pharmacy. The parade is located in a prominent position, although set back from the main road by means of a service road, visible to passing traffic and with on street car parking facilities. The two storey property comprises ground floor retail with a front sales area, middle office/storage room and a rear kitchen/staff room.
Accommodation
Unit 9
Sales area 340 31.55
Office/storage 179 16.61
Kitchen/staff room 111 10.29
Storage 84 7.83
Total 713 66.28
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 enquires of the local authority for confirmation.
EPC Text
Asset Rating - TBC
Rating
Rateable Value Unit 9 £5,000*
Source - voa.gov.uk
The 2020/2021 standard 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 £12,500 per annum exclusive of rates VAT (if applicable) and all other outgoings.
Please note VAT is payable on the rents and purchase price.
( Agency Pilot Software Ref: 6896 )
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