RETAIL UNIT TO LET – A1/A3 USE
SOUTHAMPTON – 85 ABOVE BAR STREET
Location
The premises are located on the western side of Above
Bar Street just north of the entrance to The Marlands
Shopping Centre. Nearby retailers include Starbucks,
Lloyds TSB, Orange, Shuropody and Burger King
amongst others.
Accommodation
The premises are arranged over ground, first and second
floor providing the following approximate floor areas:
Ground floor sales
First floor ancillary
Second floor ancillary
158 sq m
59.8 sq m
44.4sq m
1,704 sq ft
643 sq ft
477 sq ft
Interested parties should verify the accuracy of the
above floor area for themselves.
Lease Terms
The Landlord is seeking a new FRI lease on terms to be
agreed subject to upward only rent reviews every 5
years.
VAT
VAT is chargeable on the terms quoted.
Legal Costs
Each party to bear their own legal and other associated costs
incurred in the transaction.
Rent
Planning
The landlord is seeking a rent in the region of £55,000
per annum.
We have been advised by the local planning authority that the
premises have A1 planning permission. The Landlord would
consider A3 uses subject to planning.
The above quoted rent is exclusive of rates, service
charge and all other outgoings.
Rates
The local rating authority has verbally advised us the
property is currently assessed as follows:
Rateable Value
UBR 2014/15
Rates Payable
£ 47,750
£ 0.482
£ 23,015.50 pa
Interested parties should verify the above figures for
themselves with the local authority or by referring to
www.voa.gov.uk
Interested parties should verify the planning use for the unit
with the local planning authority.
Viewing
Viewings are strictly by prior appointment through sole agent:
William Jupp
Email:
020 3384 6132
[email protected]
Nick Furlong
Email:
020 7183 0584
[email protected]
Postcode:
Date:
SO14 7FG
June 2014
SUBJECT TO CONTRACT & VACANT POSSESSION
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