Retail/Leisure Units within student accommodation led mixed use development To Let or For Sale 60-64 St Mary’s Road Southampton Hampshire SO14 0BH
hughesellard.com
hughesellard.com
www.hughesellard.com
60-64 St Mary’s Road Southampton Hampshire SO14 0BH Key Points: • Prominent location • Retail, leisure and other uses suitable • Busy student area Location The development site is located in a prominent position on the inner city ring road between St Mary’s Road and Charlotte Place, which accommodates a Jurys Inn Hotel. St Mary’s Road is a secondary thoroughfare well used by local student population and local residents alike. Southampton Solent University has a fitness centre and gym nearby, whilst other occupiers in St Mary’s Road include local convenience stores and bars. Description 5 new retail units forming part of a mixed use development providing 467 student beds. The retail units are at ground floor level fronting St Mary’s Road. Accommodation Planning has been obtained for 5 retail units with the following approximate areas:
Viewing strictly by prior appointment.
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Layout Plan
Terms The commercial units are available on new effective full repairing and insuring leases for a term to be agreed, subject to five yearly rent reviews at a rental of £18.00 per sq ft. Rateable Value The Rateable Value is to be assessed. Interested parties are advised to make their own enquiries of Southampton City Council. Planning Planning consent has been granted for Class A1 (retail), A2 (financial services), A3 (restaurant), D1 (medical) and D2 (assembly and leisure) uses for the commercial units.
Service Charge A service charge will be applicable, further details are available on request. Legal Costs Both parties to pay their own legal costs
Unit Unit 1 Unit 2 Unit 3 Unit 4 Unit 5
Size m²
Size ft²
UNDER OFFER LET 59.51 640 UNDER OFFER 59.19 636
Please get in touch with our agent using the contact details below: Will Elgeti 023 8022 4080 07584 214668
[email protected] Location
Viewing strictly by prior appointment.
www.hughesellard.com
DISCLAIMER: HUGHES ELLARD Hughes Ellard on its behalf and for the Vendors or Lessors of this property whose agents they are, give notice that: 1) These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. 2) Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3) No person in the employment of Hughes Ellard Limited has any authority to make any representation or warranty whatsoever in relation to this property. 4) Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Regulated by RICS August 2016