100 Above Bar Street Southampton Hampshire SO14 7DT

  • 100 Above Bar Street<br>Southampton<br>Hampshire<br>SO14 7DT

100 Above Bar Street
Southampton
Hampshire
SO14 7DT

Freehold Retail Investment

  • 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
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
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Freehold Retail Investment

  • 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.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground
First
Second
Third 		Retail
Retail/Ancillary
Ancillary
Ancillary
97.64 sq m
99.48 sq m
46.45 sq m
38.83 sq m
(1,051 sq ft)
(1,071 sq ft)
(500 sq ft)
(418 sq ft)
 SHUROPODY
LIMITED (1)		 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

Contacts

Seller's Solicitors
CMS Cameron McKenna Nabarro Olswang LLP 1 South Quay, Victoria Quays
Sheffield
S2 5SY
Carol Davies 0114 279 4003Carol.Davies@cms-cmno.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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