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Unit 3 Charles Watts Way, Hedge End, Southampton, SO30 4RT

This Property is Currently 'Under Offer'
Use Class

Use Class

E(a)

Size

Size

4,500 sq ft

Rent pa

Rent pa

£234,000

4,500 sq ft retail warehouse unit. Available by way of assignment or subletting.

Situated at the entrance to the scheme, adjacent to Starbucks. Other occupiers include DFS, ScS and Oak Furniture Land, with a 37,000 sq ft Next Lifestyle store adjacent, and M&S and Sainsbury’s opposite.

  • Carphone Warehoue will remove their signage and loose fixtures and fittings. The existing M&E, flooring, ceiling grids, etc will be left in situ.

Located 3 miles east of the city centre, on Charles Watts Way (A334), next to Junction 2 of the M27 motorway.

Key Information

Viewing

All inspections/further enquiries are to be arranged through Avison Young.

Accommodation

4,500 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground floor GIA, excluding the adjacent area sublet to Starbucks.
4,500
418

Financial

Lease Term

The premises are held on an FRI lease expiring on 23 March 2024.

Rent

Rent of £234,000 per annum is subject to a sublease of part to Starbucks expiring on 19 March 2024 at a rent of £65,000 per annum. The net rent is therefore £169,000 per annum.

Rates

No rates are payable until 1 April 2021.

Service charge

£6,262 per annum.

Rates

Rateable Year:
2021
Rateable Value:
£124,551.00
Rates payable:
£63,771.00
UBR:
51.2p/£

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 09/08/2022