High Street, Hythe, Southampton, SO45
- Lease type:
- Long term
- Offered for sale or to let
- Ground floor Class E Unit
- Prominent Hythe town centre location
- Period features
- Available now
- Approximately 651 Sq.Ft. NIA
- £195,000 freehold or £15,000 per annum leasehold
Under the new Class E planning group, the property is deemed suitable for retail, office, restaurant or café (subject to consent for kitchen extraction which may prove difficult with the flat above in separate ownership), clinics, dentists etc.
A separate entrance at the rear of the building leads to the first and second floor flat in the building, which has been sold off on a long lease.
Ground floor retail unit:-
Internal width - 14’ 6”
Shop depth - 45’ 10”
Total Net Area - 617 sq ft
Kitchen - 34 sq ft
The entire building is for sale freehold. The flat has been sold off on a long ground lease, copy available on request, at a peppercorn rent, with the flat owner being responsible for a 50% contribution towards insurance and the property’s maintenance, excluding the windows. Alternatively, the vendor would grant a new occupational FRI lease, for a period of 10 years with a tenant break and upward rent review after 5 years, subject to a 6-month deposit.
£195,000 freehold with vacant possession of the shop, subject to the subsisting lease of the flat. As such therefore, it will not be suitable for purchase within a SIPP. Alternatively, as a leasehold at £15,000 per annum, exclusive of any business rates, service charge, buildings insurance and VAT.
Online enquiry via indicates a rateable value of £14,250 in the 2017 List, suggesting rates payable of £5,333. Interested parties are advised to check the accuracy of this information with the Local Authority.
LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in any transaction.
All enquiries and appointments to view must be made via sole agent Trinity Rose Commercial on .
Hythe is a busy ‘Waitrose’ town on Southampton’s west side, facing Southampton Water and connected to the City via the Hythe Ferry. It is on the edge of the New Forest and other retailers in the town include Boots, Superdrug, Hays Travel, Costa Coffee, Martins, & Post Office.
These premises occupy a prime location in the centre of the High Street, less than 100 yards from Waitrose, and the ground floor comprises all of the shopfront painted crimson in the photo.
High Street, Hythe, Southampton, SO45
NEAREST STATIONSDistances are straight line measurements from the centre of the postcode
- Woolston Station2.2 miles
- Sholing Station2.4 miles
- Netley Station2.5 miles
Our Commercial Agency team has a wealth of experience in retail, offices, industrial, care and leisure sectors, providing independent advice to our commercial property clients, across Hampshire and Surrey.
The Commercial team at Trinity Rose Chartered Surveyors offers a suite of commercial property solutions that are tailored to suit your market sector and property type. From marketing property for sale and to let to conducting rent reviews for tenants and creating planned maintenance p
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