This iconic property comprises a large ground floor retail unit with staff kitchen, WC's and a storage basement. There is a 1494 sq ft first floor office / studio with independent access which can be included or let separately.
The property has LED lighting, air conditioning and an intruder alarm.
The property benefits from frontage to both Portswood Road and Brookvale Road. There is forecourt parking for up to 13 cars.
( Agency Pilot Software ref: 794 )
Location
The property is in a prominent position, next door to Waitrose in the main shopping area of Portswood about three miles to the north east of Southampton City Centre. Southampton International Airport, Parkway railway station, and Junction 5 of the M27/M3 are within 3 miles. Portswood benefits from an affluent catchment along with a large student population.
Accommodation
4,334 - 5,828 sq ft (402.63 - 541.42 sq m)
Terms
The ground floor unit is available on a new full repairing and insuring lease at an initial rent of £70,000 per annum exclusive. The full premises are available on a new full repairing and insuring lease at an initial rent of £85,000 per annum exclusive.
Rates We have obtained information from the Valuation Office website and we understand that the Rateable Value of the ground floor and basement is £50,000. We recommend that prospective tenants verify this with the Valuation Office. We have obtained information from the Valuation Office website and we understand that the Rateable Value of the first floor is £10,250. We recommend that prospective tenants verify this with the Valuation Office.
VAT We are advised that VAT is not payable.
Specification
- Iconic Building
- Prominent Position in Affluent Area
- Large Local Student Population