Commercial Road, Totton, Southampton, Hampshire, SO40
£23.57 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
700 sq ft
65 sq m
- SECTOR
High street retail property to lease
Lease details
- Lease available date:
- Ask agent
Key features
- To Let – ground floor retail unit
- Quoting rent - £16,500 pa
- Approximately 700 Sq. Ft / 65 Sq. M
- Unit being re-fitted to a white-box spec
- High footfall location
- Opposite Totton Shopping Centre and COSTA
- Glazed, double-width frontage
- Kitchenette, WC and store area being created
- Public parking available nearby
- No VAT payable on rent
Description
The subject property is a former bank and comprises a mid-terrace, double-width ground floor commercial unit with fully glazed frontage. Works are underway to separate the ground floor from the uppers (where three new residential units are being created), to make the unit fully sound-proofed and renovate the ground floor unit to a white box spec, ready for a new tenant’s fit-out works. As part of the landlord works a WC, kitchenette and store room will be created, leaving an open-plan retail space which may attract a variety of businesses seeking a prominent position in the heart of Totton. Air-conditioning pipework has been installed for a tenant’s second fit, and a new water main has been laid.
SITUATION
The subject property is located on Commercial Road, opposite Totton Shopping Centre and near to a mixture of occupiers including COSTA, Betfred, Specsavers, Poundland, Greggs, Papa Johns, Hays Travel and a range of other businesses. There are multiple public car parks nearby with ASDA Supermarket offering permits on a monthly basis.
ACCOMMODATION
Trinity Rose have identified an approximate net internal area (NIA) of 700 Sq. Ft / 65 Sq. M. from the plans provided.
TENURE
The property will be available to let by way of a new FRI lease on terms to be agreed, at a quoting rent of £16,500 pa exclusive of any utilities, service charge, buildings insurance apportionment and business rates liability, as applicable.
RATEABLE VALUE
A new business rates assessment will be required for the ground floor unit. It is hoped that the rateable value will be below £12,000 so that an eligible occupier can benefit from 100% small business rates relief. Interested parties are advised to contact the relevant Local Authority for further information on rates.
LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in any transaction. The unit is not elected for VAT purposes.
EPC RATING
TBC upon completion of works, B-rating anticipated.
VIEWINGS
Any enquiries and appointments to view can be made by contacting Trinity Rose Commercial on .
Brochures
Commercial Road, Totton, Southampton, Hampshire, SO40
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Totton Station0.2 miles
- Redbridge (Southampton) Station0.8 miles
- Millbrook Station2.4 miles
About Trinity Rose Commercial, Chandler's Ford
First Floor, Trinity House, 123 Winchester Road, Chandler's Ford, Hampshire, SO53 2DRNotes
Disclaimer - Property reference COM240065_L. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Trinity Rose Commercial, Chandler's Ford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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