Retail premises to let in College Place, Southampton SO15

Location

The property is located in a prominent position in College Place, being an extension of London Road in one of the main business districts of the city. The property overlooks The Avenue (A33) the principal arterial route into the city from the M3 and the north. It is opposite Southampton Combined Law Courts, close to the Travelodge & Leonardo Hotels.

Southampton railway station is within a short walking distance with regular services to London Waterloo, Bournemouth, Portsmouth, Southampton Parkway, Winchester, and Basingstoke. The property is situated on the eastern side of London Road (A33) which links Southampton City Centre northwards to the M3 motorway and to Winchester and London.

London Road is a popular retail location, where occupiers include Tesco Express, Starbucks, Ryman’s/Post Office, and numerous corporate and independent estate agents.

On-street car parking is available in College Place, London Road and the surrounding side streets and there are numerous public car parks in the neighbouring streets.

Description

The ground floor comprises a retail unit, currently partitioned with 2 offices, plus 2 further rear offices and kitchen/staff room. The first floor office has been subdivided into 2 rooms.

Accommodation Summary

The accommodation has been measured on a net internal area basis, as follows:-

Ground Floor
Sales area 75.1 m2 808 ft2
Offices 21.9 m2 236 ft2
Staff room/kitchen 4.92m2 53 ft2
First Floor
Office
(partitioned into 3 areas) 72.74m2 783 ft2

Total Net Floor Area 174.66 m2 1,880 ft2

Lease Terms

The accommodation is available to let on a new full repairing and insuring lease for a term to be agreed subject to upward only rent reviews. There will be a service charge in respect of the maintenance and management of the common parts of the building.

Rent

£22,000 pa. Rents are quoted excl.

Business Rates

The voa have assessed the offices on the 2023 Rating list with a Rateable Value of £25,250.
Prospective tenants should make enquiries direct of Southampton City Council to clarify the level of rates payable.

Energy Performance Certificate

The accommodation has an energy performance asset rating of 76 (band D). A copy of the certificate is available for inspection.

Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction.