30 Carlton Place, Southampton, SO15 2DX

Description
The early to mid-19th century two storey semi-detached building is arranged over ground and first floors with a single storey side extension. The building has brick and painted rendered elevations beneath a part slate pitched roof and flat roofing.

Location
Located in the city of Southampton, 30 Carlton Place is situated within the vibrant Bedford Place area, just a short distance north of Southampton City Centre. The property is well-positioned to benefit from its proximity to both the University of Southampton, approximately 1.5 miles to the north, and Southampton Solent University, just 0.4 miles to the east, with a combined student population of around 35,000.

Carlton Place forms part of the city's main leisure circuit, which draws substantial footfall from the local student population and young professionals. Nearby operators include well-known brands such as Revolution and Turtle Bay, as well as a variety of independent restaurants, bars, and cafés, making it a popular destination for dining and nightlife in Southampton.

Accommodation
Vacant Unit
Ground floor – outdoor court yard towards the front of building that leads into a large open space which is in a shell and core condition. There are two stair cases at the front and rear that have access to the second floor.

1st floor – The space comprises a number of interconnecting rooms with one larger room with glazing on both front and rear elevations. The accommodation lends itself to either office or residential conversion.

Occupied Unit
Ground floor – The layout includes a bar/ food servery to the left upon entry, with a trading area at the front of the property. Towards the rear, there is a kitchen and a toilet.

1st floor – The first floor offers additional seating along with an office space.

Tenure
The entire property is held freehold (Title Number HP599277) as outlined in red on the above Promap. 30a Carlton place has the benefit of a lease to Piecaramba Group Ltd at a rent of £13,500 per annum for a term of 7 years from 3rd January 2025 (outlined in blue on the Promap above). The rent increases to £14,000 per annum on 25th December 2025 and then another stepped rent increase to £14,500 per annum on 25th December 2026 till the expiry of the lease. 30 Carlton Place will be sold with vacant possession.

Planning
The entire property is designated as ‘Use Class E’, but we are of the opinion that the ground floor of the vacant space lends itself to bar/restaurant use, with either office or residential (STP) above. The premises still benefits from the existing planning permission which includes a 200 seater restaurant under planning reference 03/01613/FUL. 30a Carlton Place (Piecaramba!) is Grade II listed under listing number 1339972, while the remainder of the building is not listed. The site is outside any prohibitive flood zones but is situated within the Southampton Conservation Area. The property falls under the jurisdiction of Southampton City Council.

Rateable Value
The subject property is entered in the 2023 Central Rating List with a Rateable Value of £65,500. In England & Wales the Small Business Multiplier is £0.499 / Higher Multiplier is £0.546. Please check with the VOA for the most up to date information on all rating matters.

EPC
The property is in the process of being reassessed.

Fixtures and Fittings
The building will be delivered in its current condition.

Guide Price
Offers in the region of £750,000 for the freehold interest with part vacant, part occupied possession.

Viewings
The property is currently closed and all viewings must be arranged through the sole selling agents Savills.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.