This retail property has prominent frontage onto Portswood Road and can be provided as one unit of 2088 sq ft or two self contained retail units of 1019 sq ft and 1069 sq ft.
The property will have the current tenant's fitout partitioning removed and will be provided in an open plan white box condition, ready for a new tenant's fitout.
The shops benefit from LED lighting and vinyl flooring, they are suitable for a variety of occupiers within Class E. Each shop has a well presented basement.
There are WC and kitchenette facilities. There is free public car parking close-by.
( Agency Pilot Software ref: 1049 )
Location
The property is located on the main shopping street of Portswood about three miles to the north east of Southampton City Centre. Portswood High Street is a main transport route for busses from the city centre to Southampton University. Southampton International Airport, Parkway railway station, and Junction 5 of the M27/M3 are within 3 miles. Nearby occupiers include Coffee No 1, KFC, Boots, Waitrose and Barclays. Portswood benefits from an affluent catchment along with a large student population.
Accommodation
1,019 - 2,088 sq ft (94.67 - 193.98 sq m)
Terms
20 Addis Square is available on a new full repairing and insuring lease at an initial rent of £18,500 per annum exclusive. 21 Addis Square is available on a new full repairing and insuring lease at an initial rent of £23,600 per annum exclusive. The combined units are available on a new full repairing and insuring lease at an initial rent of £42,100 per annum exclusive.
Rates We have obtained information from the Valuation Office website and we understand that the Rateable Value of the whole property is £27,750. We recommend that prospective tenants or purchasers verify this with the Valuation Office. If taken separately, the units will be split into two smaller assessments.
VAT We are advised that VAT will not be payable.
Specification
- Affluent Population Close to National and Local Occupiers
- Suitable for Variety of Occupiers
- Within Class E
- Close to Free Public Car Parking