Retail Premises With Basement And Attic , 46-48 Bevois Valley Road, Southampton, SO14 0JR

Description

Bevois Valley lies south of Portswood, an area which has a large student population, and is located within a short distance of the M27 via Thomas Lewis Way. Southampton city centre is approximately two miles south.
The immediate surrounding area is of mixed residential and commercial character located within a short distance of the Royal South Hants Hospital and also convenient for Southampton University.
The building is arranged over four floors which include basement and attic. The rear of the shop benefits from WC and kitchen/staff area.

Accommodation

Ground floor 1,871 sq ft 173.86 sq m
First floor 555 sq ft 51.57sq m
Second floor (Attic) 494 sq ft 45.91 sq m
Basement 508 sq ft 47.18 sq m
Total Area 3,429 sq ft 318.52 sq m
Areas stated are measured on a Net Internal basis and in accordance with the RICS Code of Measuring Practice 6th Edition.

Planning

We understand the current permitted use to be A1 (Retail). All parties are advised to make their own enquiries of the local authority for confirmation.

Rating

Rateable Value £13,750*
Source - voa.gov.uk
The 2018/2019 standard multiplier is 0.493 (49.3 p 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 an initial rent of £21,000 per annum exclusive of rates, VAT (if applicable) and all other outgoings.
( Agency Pilot Software Ref: 3861 )