Commercial property for sale in Southampton

Description The three storey semi-detached building is arranged over ground, first and second floors with a single storey side extension. The building has painted rendered elevations beneath a multi-pitched roof. Location Located in the city of Southampton fronting Bedford Place a short distance north of Southampton City Centre and close to the Universities of Southampton, 1.3 miles to the north, and Southampton Solent, 0.4 miles to the east, with a combined student population of approximately 35,000. Bedford Place is the main leisure circuit in Southampton and benefits from the substantial student population with nearby operators including the Giddy Bridge (JD Wetherspoon), Popworld, Revolution and a number of independent restaurant and bar operators. Tenure The property is held freehold (Title Number HP601446) as outlined in red on the above promap however, the area outlined in blue is unregistered with the previous tenant providing a Statutory Declaration confirming they have used this area as an external terrace for 10 years. The service yard to the rear of the property is excluded from the freehold ownership however, an informal agreement is in place with the adjoining owner at a cost of £600 per annum. Premises Licence The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol under the following hours: Sunday to Thursday - 10:00 - 00:00 Friday and Saturday - 10:00 - 01:00 Rateable Value 2023 - £75,000 Planning The property is Grade II Listed and is situated within Carlton Crescent Conservation Area. VAT VAT will be chargeable in addition to the purchase price. EPC D-80 Terms Offers in excess of £500,000 for the freehold interest with vacant possession. Fixtures & Fittings The fixtures and fittings may be available by way of separate negotiation. Viewings All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the current occupational tenants staff. For further information and all viewing requests please contact the sole selling agents Savills. Money Laundering Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.

Commercial property for sale in Southampton, England

Pub for sale

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