7/7a Latham Road, Fair Oak, Eastleigh, Hampshire, SO50 8EZ
Size
718 - 1,424
Lease length
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EPC
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Parking
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- Price per
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- Primary use
- Takeaway
- Other use(s)
- High street retail, Restaurant
No floor / site plan
Key features
- The subject property forms part of an established local retail parade serving the Fair Oak / Eastleigh catchment
- Busy retail parade with ample free public parking
- Open plan sales area
- 2/3 bedroom flat above and single garage to the rear
- Rent £20,000 PAX
- New lease available
- Anchored by a Co-op Food convenience store, with adjoining uses including a hair and beauty salon, coffee cabin, fish and chip takeaway, and funeral directors
- Video Tour:
Description
The premises comprise a two-storey end-of-terrace unit arranged as a ground floor takeaway with residential accommodation above.
The ground floor provides a self-contained retail unit currently configured for takeaway use. The frontage is fitted with a double-glazed PVC shopfront. Internally, the accommodation is arranged to provide a customer serving counter to the front with a commercial kitchen to the rear, incorporating extraction equipment and various cooking appliances. Externally, there is a rear WC together with a small covered area.
The first floor, accessed from the rear of the property, provides a self-contained flat arranged as two and a half rooms, together with a kitchen, bathroom, and separate WC.
Location
Eastleigh is a vibrant and friendly market town with a population of over 130,000 (Eastleigh District) and is perfectly situated between Winchester and Southampton. The town has a superb range of transport facilities including its rail network and links to both the M27 and M3, making it the ideal base for a trip on the south coast.
The subject property forms part of an established local retail parade serving the Fair Oak / Eastleigh catchment. The parade comprises several neighbourhood retail occupiers anchored by a Co-op Food convenience store, with adjoining uses including a hair and beauty salon, coffee cabin, fish and chip takeaway, and funeral directors.
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO uses that were categorised under the former UCO as A4, A5 and some D2 uses (cinemas, concert halls, bingo halls and dance halls) are now regarded as a Sui Generis use. We therefore understand that the use of the subject premises is a Sui Generis use.
VAT
We understand the property is registered for VAT.
Effectively the VAT amounts to 16% of the gross rent.
Accommodation
The accommodation has the following approximate Net Internal Area (NIA):
Business Rates / Council Tax Band
Rateable Value (2026): £6,800
Occupiers will pay approximately 38% of this per annum.
EPC
To be assessed.
Legal Fees
Each party to bear their own legal costs incurred.
- Let type
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- Let contract length
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- Status
- Available
- Service charge
- £1,863
- Business rates
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- Use class
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
7/7a Latham Road, Fair Oak, Eastleigh, Hampshire, SO50 8EZ
Flude Property Consultants is a regional independent firm of Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors (RICS) who specialise in advising clients with commercial property interests.
Our main areas of expertise are commercial property agency, lease advisory (rent reviews, lease renewals and lease re-gears), property management, valuation, rating, investment and development property.
We are a commercially minded practice who understand the needs and pressures of business.
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