22 Bedford Place Southampton Hampshire SO15 2DB

22 Bedford Place
Southampton
Hampshire
SO15 2DB

Freehold Retail/Restaurant Investment

  • Retail unit let until 2030 (subject to option)
  • City Centre location close to Royal South Hants Hospital and Southampton Crown Court
  • Nearby occupiers include Sainsbury’s Local and Coral along with a large number of bars and restaurants
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    53
  • Auction
    13th October 2016
  • Rent
    £17,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £212,500
  • Sector
    Restaurant
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
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* More information on the term "guide" can be found here

Freehold Retail/Restaurant Investment

  • Retail unit let until 2030 (subject to option)
  • City Centre location close to Royal South Hants Hospital and Southampton Crown Court
  • Nearby occupiers include Sainsbury’s Local and Coral along with a large number of bars and restaurants
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 53
  • Auction 13th October 2016
  • Rent
  • Status Sold
  • Price £212,500
  • Sector
    Restaurant
  • 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 on the east side of Bedford Place close to its junction with Henstead Place in Southampton City Centre. The 400 space Bedford Place car park is to the rear of the property and nearby occupiers include Sainsbury's Local and Coral along with a large number of bars and restaurants. Royal South Hants Hospital and Southampton Crown Court are also close by.

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 on the east side of Bedford Place close to its junction with Henstead Place in Southampton City Centre. The 400 space Bedford Place car park is to the rear of the property and nearby occupiers include Sainsbury's Local and Coral along with a large number of bars and restaurants. Royal South Hants Hospital and Southampton Crown Court are also close by.

Tenure

Freehold.

Description

The property comprises a ground floor retail/restaurant unit with basement ancillary accommodation and a self contained residential flat on the first and second floors, let on a long lease. The property benefits from rear access off Lower Banister Street.

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/restaurant unit with basement ancillary accommodation and a self contained residential flat on the first and second floors, let on a long lease. The property benefits from rear access off Lower Banister Street.

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.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
Basement
Retail/Restaurant
Ancillary
82.23 sq m
23.53 sq m
(885 sq ft)
(253 sq ft)
HEMMA
LIMITED
(t/a Lakaz Maman) (1)
15 years from 03/07/2015 until 02/07/2030 on a full repairing lease (2) £17,000 03/07/2020 and
03/07/2025
First & Second Residential Not Measured Individual 999 years from 01/01/2006   31/12/3004
Total Approximate Commercial
Floor Area
105.76 sq m
(1,138 sq ft)
    £17,000  

(1) Lakaz Maman is a Mauritian Street Food Kitchen run by Shelina Permalloo, the winner of BBC's MasterChef 2012 (Source: http://www.lakazmaman.com 14/09/2016)
(2) The lease provides for tenant options to determine the lease on 3rd July 2020 and 3rd July 2025

Property Documents

  • Site Plan
    Updated Date
    29.10.19
    File Size
    78 KB
    View PDF
  • Catalogue Page
    Updated Date
    29.10.19
    File Size
    499 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Eversheds LLP 1 Callaghan Square
Cardiff
CF10 5BT
029 2046 4347
Rachel White 029 2047 7387RachelWhite@eversheds-sutherland.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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