Description
Woolston is a busy suburb of Southampton located to the east of the city and accessed via the Itchen Bridge. The former VT Shipyard was the subject of a major housing led regeneration project which is located just to the south. The subject property is located on Victoria Road, historically the main shopping district of the suburb. The opportunity comprises a ground floor retail space with its own access point, with an internal door to the upper floors. The premises was previously used by a business specialising in escape rooms to which the first and second floor office space was used to create these experiences. The upper floors would make an ideal use for offices, storage or other quirkier Class E operators, with 4 large rooms above the bakery in 42 Victoria Road which are accessed down the corridor from 40. There is allocated parking to the rear of the property and a public car park in close proximity.
Accommodation
Ground Floor Retail 354 Sq Ft (32.86 Sq M) Ground Floor Meeting Room 153 Sq Ft (14.21 Sq M) First Floor Office 870 Sq Ft (80.83 Sq M) Second Floor Office 418 Sq Ft (38.83 Sq M) Lower Ground Floor Office 361 Sq Ft (33.54 Sq M) Lower Ground Floor Kitchen 70 Sq Ft (6.50 Sq M) Total Net Internal Area 2,226 Sq Ft (206.77 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 (93)
Rating
Rateable Value £10,250 Source www.gov.uk/find-business-rates
Terms
Available by way of a new full repairing and insuring lease for a term to be agreed at £26,000 per annum exclusive of rates VAT (if applicable) and all other outgoings. Note: It is understood VAT is not payable on rents.
Office Space with Retail Frontage
Net Internal Area - 2,226 Sq F (206.27 Sq M)
Busy High Street Location
On Site Allocated parking
Close Proximity to Southampton
Close to J7 & J8 M27
100% Small Business Rates Relief (Subject to Eligibility)