The property is an end of terrace three storey office building benefitting from parking at both front and rear. It is located in a prominent position along College Place adjoining the south section of The Avenue, opposite Southampton Crown Court and Southampton & New Forest Magistrates Court.
Junction 5 M27 is appproximately 1.5 miles to the north east with Junction 7 & 8 also accessible to the east. The M3 is approximately 3 miles to the north via Bassett Avenue (A33).
There are 6 parking spaces, 9 if in positioned in tandem.
Ground Floor - 670 sq.ft First Floor - 734 sq.ft Second Floor - 424 sq.ft TOTAL NIA 1,829 sq.ft
Understood to be B1(a) office. It is beleived the the property has scope for residential conversion and other uses such as D1 (non residential institution) STP. Interested parties are advised to make their own enquiries.
Asset Rating - D77
Rateable Value £19,500 Source www.voa.org.uk
The 2019/2020 standard multiplier is 0.504 (50.4p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Available by way of a new full repairing and insuring lease for a term to be agreed at an initial rent of £24,000 per annum exclusive of rates VAT (if applicable) and all other outgoings. Alternatively available on a freehold basis with vacant possession on completion suebcjt to contract - price on application. ( Agency Pilot Software Ref: 3105 )