First Floor 1 Canute Road, Southampton, Hampshire, SO14 3FH

Location

The property is located within a terrace of shops and offices situated in a prominent position on the north side of Canute Road close to the main entrances to the Ocean Village marina.

There are numerous restaurants in Canute Road and Ocean Village and the property is also a short walk from Oxford Street. Neighbouring occupiers include No 4 Bistro and Good Things bar, Gannaways florist, CJA Medical. There are Tesco Express and Co-Op convenience stores in Ocean Village together with various office buildings in the vicinity including those within Ocean Village where major occupiers include BDO & PwC.

There is a large residential population in the immediate area, including the numerous houses and apartments within Ocean Village, Canute Road and its surrounding area. It is close to the 28 storey Admiral's Quay, Maritime Lounge and numerous other restaurants together with the 5 star 85 bed Southampton Harbour Hotel.

There is good road access in the area linking Canute Road to Town Quay and the major road network of the city.

On Street car parking is available in Canute Road and within Ocean Village where there is also a multi-storey car park.

Description

1 Canute Road comprises a prominent corner property arranged as upper floor offices over separate ground floor retail premises. The front office has been fitted with vinyl floor covering which can be changed to carpet if required.

Accommodation Summary

The property has been measured on a net internal basis, as follows:-

1ST FLOOR

FRONT SUITE

Front Office 35.95 m2 387 sqft
Rear Office 14.59 m2 157 sqft

TOTAL FRONT SUITE 50.54 m2 544 sqft

1 Car parking space

Energy Performance Certificate

The offices have an energy performance asset rating of 120 (band E). A copy of the certificate is available for inspection

Business Rates

The VOA have assessed the business premises on the 2023 Rating List with a Rateable Value of £6,500

Some tenants will be able to claim small business rate relief such that no rates will be payable. Prospective occupiers should make their own enquiries to clarify the level of rates payable

Lease Terms

The property is available to let on the basis of a new internal repairing and insuring lease, together with a service charge, for a term to be agreed.

Rent

£10,000 pa exclusive. Subject to contract

Legal Costs

Each party to be responsible for their own legal costs incurred in this transaction.