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
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG

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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

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

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

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