East Street, Southampton, Hampshire, SO14

*LETTING NOW AGREED* - recently-refurbished and white-boxed two storey mid-terrace unit on East Street in central Southampton, next to the new Bargate Quarter and close to the High Street.


A double-storey, mid terrace commercial property comprising an open-plan retail unit (partitioned storage area to ground floor rear with access door for deliveries), along with first-floor ancillary space configured as offices, store room, kitchen and WC. The unit benefits from laminate flooring, suspended ceiling with fluorescent lighting and a fire alarm and has been recently refurbished throughout internally and white-boxed in preparation for a new tenant to take occupation.

SITUATION
The premises are situated in a good retailing position on East Street within easy reach of the High Street, West Quay Shopping Centre, and West Quay South, the city?s principal leisure/restaurant centre. The Bargate Quarter is located to the rear of the building where a £132m regeneration scheme to build 519 new homes and 27,000 sq ft of commercial space is under way. Retailers nearby include Greggs, Art Effects, DEBRA, Subway, Cake Box plus a wide range of independent businesses.

ACCOMMODATION
A measured survey was undertaken which identified an area of 1,334 Sq. Ft. / 124 Sq. M. over ground and first floors.

TENURE
To let on a new FRI lease on terms to be agreed at an initial quoting rent of £20,000 pa, exclusive of any business rates, utilities, VAT and other outgoings associated with the demise.

RATEABLE VALUE
Online enquiry via indicates a rateable value of £17,000 effective from 1st April 2023, suggesting rates payable of c. £8,500 pa. Support for eligible retail, hospitality, and leisure businesses (RHL) is available which reduces the business rates liability further. Interested parties are advised to check this information with the relevant Local Authority.

LEGAL COSTS & VAT
Each party is expected to bear their own legal costs in any transaction. The property is VAT elected.

EPC RATING
Rated D under certificate reference 1367-5996-9939-3543-2690 which is valid until 23rd June 2031.

VIEWINGS
All enquiries and appointments to view must be made via the sole agent Trinity Rose Commercial on .