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Unit 5 South Street Centre, 16-20 South Street, Southampton, SO45 6EB

732 Sq Ft / Retail / Retail - High Street

To Let - £8,000.00 per annum

Available - Last updated: 02 September 2019

Description

Hythe is a small town which lies between the New Forest National Park and Southampton Water. It is the main retail focus for the waterside parishes located within the New Forest District Council boundary and is located approximately 11 miles away from Southampton city centre.

The retail units form part of a mixed use scheme with office accommodation on the first floor and allocated parking on site for occupiers and visitors.

The scheme is located on South Street within a residential area and 5 minute walk of Hythe town centre.

Two of the units are currently undergoing refurbishment.

Accommodation

No. 4B
Sales area - 797 sq ft (74.08 sq m)
Rear store - 75 sq ft (6.93 sq m)
Storage - 36 sq ft (3.39 sq m)
Total - 908 sq ft (84.4 sq m)

No. 5
Sales area - 451 sq ft (41.91 sq m)
Rear store - 281 sq ft (26.14 sq m)
WC
Total - 732 sq ft (68.05 sq m)

No. 6
Sales area - 849 sq ft (78.92 sq m)
WC
Total - 849 sq ft (78.92 sq m)

Planning

We understand the current permitted use for No. 4B to be A1 (Retail) and A5 (Hot Food Takeaway) for No. 5 and No. 6. All parties are advised to make their own enquiries of the local authority

EPC Text

Asset Rating

No. 4B - B 39
No. 5 - Awaited
No. 6 - Awaited

Rating

Rateable Value
No. 4B - £7,300
No. 5 - To be assessed
No. 6 - To be assessed

Source www.voa.org.uk

The 2019/2020 standard multiplier is 0.491 (49.1p 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 the way of effectively Full Repairing and Insuring leases for terms to be agreed at initial rents of:
No. 4B £13,250
No. 5 £8,000
No. 6 £12,500
All rents are per annum and exclusive of rates, VAT (if applicable) and all other outgoings.
Please note:
1. No VAT is payable on the rents
2. There is a service charge levied to cover communal costs.

Net Internal Area 68.05 sq m (732 sq ft) - 84.4 sq m (908 sq ft)

A1 & A5 uses. Other uses available STP

Located within a short walk of Hythe town centre

Allocated parking

100% Small Business Rates Relief (subject to eligibility)










( Agency Pilot Software Ref: 6336 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £8,000.00 per annum

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Contact agents

Hannah Bennett

Primmer Olds B.A.S

023 8181 0025



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