High Street, Southampton, Hampshire, SO14

Retail unit over ground and basement levels, available to rent on the High Street in Southampton, opposite LIDL and close to the Bargate Quarter.

A former Best-One convenience store, comprising a mid-terrace commercial unit with fully glazed frontage situated within a parade of shops in an area of high retail footfall.

The ground floor comprises a broadly rectangular space with internal stairs leading down to a useable basement level with high ceilings, with a kitchenette area and WC. The unit benefits from a rear entrance for deliveries, air-conditioning, three phase electricity, electronic security shutter, integrated CCTV system and suspended ceiling with panel lighting.

The property has the benefit of an alcohol licence which can be transferred to the new tenant, subject to securing meeting any required licencing conditions from Southampton City Council.

SITUATION
The premises occupy a prominent and central location on Southampton’s High Street with LIDL opposite, and in close proximity to the new Bargate Quarter development, West Quay and Above Bar Street. Tesco Express is nearby and the area is home to a variety of retail, office , café and restaurant outlets including Wetherspoons, Coriander Lounge and the Mercure Dolphin Hotel and Signature Restaurant. Other businesses include Howden Insurance, Jasmine Nails, La Vita Café, Cherry Godfrey, E Bakehouse, Coral, Costa, HMV and The Gym Group.

ACCOMMODATION
A measured survey identified a net internal area (NIA) of 1,418 sq. ft. / 131.8 sq. m. over ground and basement floors.

TENURE
Available now on a new FRI lease on terms to be agreed at a quoting rent of £20,000 plus VAT, exclusive of any utilities, business rates, buildings insurance and service charge, as applicable.

RATEABLE VALUE
Online enquiry via indicates a rateable value of £16,500 effective from 1st April 2023, suggesting business rates liability of c. £8,250 however the government are currently providing additional business rates relief for certain sectors until April 2026. For more information please contact the relevant Local Authority.

LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in any transaction. VAT will be added to the rent quoted.

EPC RATING
Rated D (97) which is valid until 21st March 2028.

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