Retail to let - Unit 1/Building 2, Shamrock Quay, William Street, Southampton, SO14 5QL
Unit 1/Building 2, William Street, Southampton, SO14 5QL
Rent
£30,000 pa
Size
2,196 sq ft
Listed
2 months ago
Property Description
<strong>Description</strong><br>The property occupies part of the ground floor of the three storey Endeavour building within the MDL owned Shamrock Quay marina development. The commercial space most recently traded as "Bistro8", a restaurant and bar business (now closed).<br />
The ground floor extends to approximately 2,196 sq ft and includes an rectangular shaped open plan customer area with a bar servery to the far right side. Ancillary space to the far left side includes a trade kitchen (not fitted but with extract), customer WCs, storage and a beer cellar. Externally, the unit has the benefit of customer terraces.<br><br><strong>Specifications</strong><br>All loose fixtures and fittings have been removed. We understand mains services are connected.<br><br><strong>Viewings</strong><br>The business is closed. For a viewing by appointment please contact Savills. We recommend inspecting the property externally in the first instance.<br><br><strong>Terms</strong><br>Rental offers are sought at £30,000 per annum exclusive of VAT for the benefit of a new free of tie lease, with terms to be agreed.<br />
Suitable security will be required which will include a rent deposit.<br><br><strong>Licensing</strong><br>The property benefits from a premises licence granted by Southampton City Council (ref 2019/05718/01SPRN). This permits various activities including the sale of alcohol daily from 08.00 - 00.00.<br><br><strong>RATEABLE VALUE</strong><br>The property is entered on the 2023 VOA Ratings List (ref: 116442500219) with a Rateable Value of £20,500. This is not the rates payable (please check with the VOA on all rating matters).<br><br><strong>PARKING</strong><br>The unit can be allocated up to seven parking permits for business use. Customers benefit from up to two hours free parking.<br><br><strong>Service Charge</strong><br>25/26 Estate Charge- £3,342<br />
25/26 Building Charge- £3,068<br><br>
Costs & rates
Rates payable
£20,500 p.a.
VAT
Exclusive
Total annual occupancy cost
Estimate only — confirm exact figures with the agent.
Rent
£30,000
Business rates
+ £20,500
VAT (20%, rent exclusive)
+ £10,100
Total per year
£60,600
≈ £5,050 / month≈ £27.60 / sq ft / year
Service charge not listed — ask the agent for the confirmed figure.