No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

Retail property (high street)

Under offer
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Retail property (high street)
0 bed
0 bath

Property description & features

LOCATION
Situated along the northern edges of Southampton, this property benefits from forming a busy row of retail units close to The Ageas Bowl Cricket Stadium.
Situated close to the M27 motorway towards Southsea.

DESCRIPTION
The unit is currently occupied by a Chinese-Takeaway which benefits from being close to various retail and leisure units including nearby public houses and supermarket.
Currently held on a long-leasehold tenure covered by the '54 Act giving the tenant the right to renew their current lease on the same terms.
15-year lease beginning in 2017 - having nine years remaining.
The tenant is paying £13,720pa with three-yearly rent reviews under the current lease.

ACCOMMODATION
See attached plans.
Ground-floor retail area measures 54.8sqm with first-floor storage measuring 29.7sqm.
Ground-floor retail unit with storage above.

TERMS
Freehold investment with a Leasehold Tenant.

OUTGOINGS
Current rateable value being £6,400 with the tenant paying half of this.

VAT
Not Applicable.

LEGAL COSTS
Each party bares their own costs.

VIEWING
By appointment with Kings Estates as the sole vendor.

Places of interest

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    *DISCLAIMER

    Property reference 103592000620. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Kings Estates - Guildford.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.