Prominent position on Southampton’s prime retailing thoroughfare
Important outstanding 2015 upward only rent review
Located diagonally opposite the Marlands Shopping Centre
Nearby occupiers include Burger King, Lloyds Bank, Boots Opticians and Starbucks
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 34
Auction 7th July 2016
Rent £42,500 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
Property Information
Location
Miles
19 miles north-west of Portsmouth, 23 miles south of Salisbury
Roads
A33, M3 (Junction 14), M27 (Junctions 3 & 4)
Rail
Southampton Central Station
Air
Southampton International Airport
Situation
The property is situated in a prominent location on the eastern side of Above Bar Street, Southamptons prime retailing thoroughfare. Marlands Shopping Centre is located diagonally opposite the property and houses retailers including Poundland, Shoe Zone and The Disney Store with West Quay Shopping Centre also a very short walk away. Other nearby occupiers include Burger King, Lloyds Bank, Boots Opticians and Starbucks
Tenure
Freehold.
Location
Miles
19 miles north-west of Portsmouth, 23 miles south of Salisbury
Roads
A33, M3 (Junction 14), M27 (Junctions 3 & 4)
Rail
Southampton Central Station
Air
Southampton International Airport
Situation
The property is situated in a prominent location on the eastern side of Above Bar Street, Southamptons prime retailing thoroughfare. Marlands Shopping Centre is located diagonally opposite the property and houses retailers including Poundland, Shoe Zone and The Disney Store with West Quay Shopping Centre also a very short walk away. Other nearby occupiers include Burger King, Lloyds Bank, Boots Opticians and Starbucks
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with ancillary accommodation on first, second and third floors. The property benefits from a loading bay to the rear at the property.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with ancillary accommodation on first, second and third floors. The property benefits from a loading bay to the rear at the property.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
10 years from 29/09/2010 on a full repairing and insuring lease
£42,500
29/09/2015 (2) (28/09/2020)
Total
282.40 sq m
(3,040 sq ft)
£42,500
(1) Shuropody is the UK’s largest private provider of chiropody and podiatry, offering 150 clinics nationwide serving more than 250,000 patients each year. (Source: www.shuropody.com/about-our-company.html 09/06/2016) (2) The 2015 upwards only rent review is outstanding
