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Unit 3, Hedge End Retail Park Under Offer

Charles Watts Way, Southampton, SO30 4RT 4,500 sq ft

4,500 sq ft retail warehouse unit. Available by way of assignment or subletting.

Description

Situated at the entrance to the scheme, adjacent to Starbucks. Other occupiers include DFS, ScS and Oak Furniture Land, with a 37,000 sq ft Next Lifestyle store adjacent, and M&S and Sainsbury’s opposite.

Key Points

  • Carphone Warehoue will remove their signage and loose fixtures and fittings. The existing M&E, flooring, ceiling grids, etc will be left in situ.

Rent

Rent of £234,000 per annum is subject to a sublease of part to Starbucks expiring on 19 March 2024 at a rent of £65,000 per annum. The net rent is therefore £169,000 per annum.

Rates

Rateable Year: 2021
Rateable Value: £124,551
Rates Payable: £63,771
UBR: 51 p/£

Service Charge

£6,262 per annum.

Accommodation

Accomodation details are below:

Areas Size (sq ft) Size (sq m)
Ground floor GIA, excluding the adjacent area sublet to Starbucks. 4,500 418

Location

Located 3 miles east of the city centre, on Charles Watts Way (A334), next to Junction 2 of the M27 motorway.

Location Map