The Precinct comprises various units which comprise groundxR0floor retail areas, with units fronting South Street having firstxR0floor accommodation and the units within the Parade beingxR0single storey lock up units. All units have WCs and washxR0hand basins. Unit 11 benefits from an A2 use suitable forxR0Financial and Professional Services.
Planning permission has recently been obtained to extend the building to provide ground floor retail showrooms as per accomodation table below. The premises occupy a good secondary trading location on Fleet Road. The Hart Shopping Centre is located nearby as well as numerous restaurants and public houses. Marks Spencer Food and the major banks, Barclays, Lloyds TSB, National Westminster and HSBC are all close by. In addition the major national retail chains in the Hart Shopping Centre, such as W H Smiths, Boots, Cargo, Next, Burtons, Argos, Waitrose, Woolworths and Dorothy Perkins attract many shoppers to the area. Fleet is located close to Junction 4a of the M3 motorway being approximately 3 miles distant.
Ground floor double fronted retail unit with first floor storage. Centre anchored by Asda. Secured rear access. The premises are held by way of a 25 year effective full repairing and insuring lease from 20 March 1989, subject to five yearly upward only rent reviews.
SITUATION AND DESCRIPTION The premises are located in East Street, a popular secondary retailing street in Southampton City Centre, just a few yards from Debenhams, Jessops, Sony Centre, Holland Barrett and Stead Simpson. Occupying a prominent corner position the premises offer sales space on ground floor and first floor plus ancillary first floor and basement storage.
Attractive 15th Century restaurant benefitting from a recent comprehensive refurbishment. Ground 1st floor restaurant areas providing at least 50 covers. Enclosed patio area providing an additional 25 covers. Rare opportunity to acquire freehold. xR0POTENTIAL FOR RESIDENTIAL, NURSERY, MEDICAL OR OFFICE USES (STP).