LONG LEASEHOLD FOR SALE

The property is of traditional block work construction arranged over two floors. The ground floor comprises of a banking hall, interview rooms, back office functions, female/ male toilets and a strong room. The second floor comprises of offices, interview rooms, a kitchenette/ staff room and stores. The rear yard provides 2 car parking spaces which are accessible via Beaumont Road. Tenure The property is held on an existing fully repairing and insuring lease for a term of 99 years expiring 24th December 2033. An annual rent of £116 is payable quarterly. Terms The property is available by way of assignment. Quoting premium, offers in the region of £30,500 exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £15,250.00 and the rates payable are £7,579.25 pa. The UBR for 2017/2018 is 49.70p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Totton is a town in Hampshire on the south coast of England. It is located about 5 miles west of Southampton, 16 miles south of Winchester and 16 miles east of Ringwood. The property enjoys a highly visible trading location within the Totton town centre facing Commercial Road. Totton Shopping Centre is approximately 200 ft East whilst Totton Retail Park is approximately 900 ft West. Major retailers within the immediate local vicinity include: NatWest Bank, Domino’s Pizza, Peacocks and Boots.
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Sizes and Measurements

Total Size

2,979sqft

Sales Area

1,381sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Status

Available

Available from

Now

Ground Floor

Details

Retail

Size

1,381sqft

Status

Available

Available from

Immediately

First Floor

Details

Non-Sales

Size

1,598sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Available from

Immediately

Lease type

Long Leasehold

For sale

£30,500

UBR

49.7p

Ratable Value

£15,250.00

Business Rates

£7,579.25/pa

Specification

  • Town Centre Location
  • Rear off-street parking (2 spaces)
  • Prominent corner position

Floorplan

Photos

IMG_7881

Map Data
Map data ©2017 Google
Map DataMap data ©2017 Google
Map data ©2017 Google
Map
Satellite

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