Retail premises to let in 5 Market Buildings, High Road, Swaythling, Southampton, Hampshire SO16

Description

Swaythling is a suburb of Southampton, north of the city centre and is heavily populated by students with the University of
Southampton in close proximity. The property is located at the top of Thomas Lewis Way, one of the main thoroughfares into the city of Southampton.
It is 2 minutes from Junction 5 of M27 and M3 intersection, 5 minute drive from the airport and main line station, and walkable from Swaythling local station. There are bus routes directly outside.

The accommodation comprises open plan sales area including a storage/office area towards the rear and a kitchenette.

Accommodation

Total Net Internal Area - 780 sq.ft (72.54 sq.m)

Planning

Interested parties are advised to make their own enquiries of the Local Authority for confirmation.

EPC Text

Asset Rating - To be assessed

Rating

Rateable Value £7,300
Source The 2023/2024 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.

Terms

Available by way of a new full repairing and insuring lease for a term to be agreed at £12,000 per annum exclusive of rates VAT (if applicable) and all other outgoings.
Note: There is to be a service charge levied to cover communal costs
Note: It is understood VAT is not payable on rents.