69-75 Above Bar Street Southampton, SO14 7FE

£ 197,880 pa / 170,000 sq ft
69-75 Above Bar Street, Southampton - Picture 2024-07-22-11-54-10
Use Class

Use Class

E

Size

Size

170,000 sq ft

Rent pa

Rent pa

£197,880

Description

Subject to Vacant Possession

The subject premises occupies a prime position along Above Bar Street. Nearby retailers include Footasylum, Shoezone, The Works, Nationwide, Kokoro, Caffé Nero, TK Maxx, and Halifax. The property is also near Westquay whilst also benefiting from being a short distance from Southampton train station.

Accommodation

170,000 Sq.Ft

The premises are arranged over ground, first and second floor, comprising the following areas:

Areas
Sq.Ft
Sq.M
Ground Floor Sales
3,793
352.39
First Floor Sales
5,740
533.26
First Floor Ancillary
781
72.56
Second Floor Ancillary
2,778
258.08

Financial

Lease Type

New Lease

Lease Term

The premises are available on a new effectively full repairing and insuring lease for a term to be agreed, subject to an upward only rent review in the 5th year of the term.

Rent

£170,000 per annum exclusive.

Costs

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

Service charge

The service charge for the current financial year is £15,000 per annum exclusive.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £143,000 UBR (24/25) 0.546p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2024
Rateable Value:
£143,000.00
Rates payable:
£78,078.00
UBR:
54.6p/£

Sustainability

Energy Performance Certificate

45

Energy Performance Certificate Information

The property has an EPC rating of B 45. A full report is available upon request.

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.

All data ©2024 Completely Property Technology Limited

This was last updated on 11/09/2024