Avison Young

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Unit 3, Hedge End Retail Park

Charles Watts Way, Hedge End
Southampton, SO30 4RT

Use Class E(a)

4,500 sq ft

£234,000

Use Class

E(a)

Size

4,500 sq ft

Rent pa

£234,000

Marketed by Avison Young

Last updated 03/11/2021
Unit 3
4,500 sq ft retail warehouse unit. Available by way of assignment or subletting.

Key Points

  • Carphone Warehoue will remove their signage and loose fixtures and fittings. The existing M&E, flooring, ceiling grids, etc will be left in situ.
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.
Located 3 miles east of the city centre, on Charles Watts Way (A334), next to Junction 2 of the M27 motorway.

Viewing

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

Accommodation

Accommodation details below:

Areas

sq ftsq m
Ground floor GIA, excluding the adjacent area sublet to Starbucks.4500.00418.00

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.

Rateable Year:2020
Rateable Value:--
Rates Payable:£63,770.00
UBR:--
Rateable Year:2021
Rateable Value:£124,551.00
Rates Payable:£63,771.00
UBR:51.2p/£

Service Charge

£6,262 per annum.

Last Updated

03/11/2021

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 ©2022 Completely Property Technology Limited

Avison Young

Avison Young

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