32 Addis Square, Portswood Road, Southampton, SO17 2NE

Description



Portswood is one of the principle district centres, approximately two miles from Southampton city centre and provides a well occupied secondary retail patch with a number of established national occupiers.

The subject property is located opposite The Portswood Centre in a busy parade and in close proximity to Waitrose and Iceland. It comprises ground floor sales area, a WC and basement. It is well served by public transport.



Accommodation



NIA - 475 sq.ft (44.17 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-76



Rating



Rateable Value £13,000
Source - voa.gov.uk
The 2023/2024 small multiplier is 0.499 (49.9p 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 £17,500 per annum exclusive of rates VAT (if applicable) and all other outgoings.
Note: There is to be a service charge levied to cover communal costs
Note: It is understood VAT is not payable on rents.
( Agency Pilot Software ref: 5895 )