Property photos
£300,000
(£92.90/sq. ft)
Retail premises for sale
Former Natwest Bank, 43 Commercial Road, Totton, Southampton, Hampshire SO403,229 sq. ft
Local area information
Property location
Nearby amenities
- Totton 0.3 miles
- Lydlynch Infant School 0.4 miles
- Forest Park School (SEN) 0.4 miles
- Redbridge 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Approximate Gross Internal Area - 300 sq m
- Guide Price £300,000
- Suitable for owner occupier
- Potential opportunity for developers and investors
- Class E - Suit variety of alternative uses (STPP)
- Prominent two storey corner property
Description
The town of Totton is situated approximately 6 miles to the west of Southampton via the A35, within approximately 1 mile of the M271 which links with the M27 motorway. Totton Shopping Centre is the main retail focus for the town. It is located off Commercial Road.
There are two large customer car parks either side of the site. The Centre provides a pedestrianised shopping environment with national occupiers such as Costa, Greggs, Specsavers, Card Factory, Savers and 99p Stores. It is excellently located for the rental market and public transport.
This former banking hall has scope for retail and other uses, including conversion of the uppers to residential or total re-development subject to consents.
Accommodation
Ground Floor Retail Unit 1,692 sq ft 157.1 sq m
First Floor 1,575 sq ft 146.3 sq m
Planning
All parties are advised to make their own enquiries of the local authority for confirmation.
Note: Lapsed planning for conversion of uppers in 2021 for three flats. Ref 21/10455
There is scope for complete development and conversion of residential subject to planning.
EPC Text
Asset Rating - B (85)
Rating
Rateable Value £24,250
Source -
The 2024/2025 small business multiplier is 0.499 (49.9p 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.
Terms
Offers considered in the region of £300,000 subject to contract for the freehold interest with vacant possession on completion.
The town of Totton is situated approximately 6 miles to the west of Southampton via the A35, within approximately 1 mile of the M271 which links with the M27 motorway. Totton Shopping Centre is the main retail focus for the town. It is located off Commercial Road.
There are two large customer car parks either side of the site. The Centre provides a pedestrianised shopping environment with national occupiers such as Costa, Greggs, Specsavers, Card Factory, Savers and 99p Stores. It is excellently located for the rental market and public transport.
This former banking hall has scope for retail and other uses, including conversion of the uppers to residential or total re-development subject to consents.
Accommodation
Ground Floor Retail Unit 1,692 sq ft 157.1 sq m
First Floor 1,575 sq ft 146.3 sq m
Planning
All parties are advised to make their own enquiries of the local authority for confirmation.
Note: Lapsed planning for conversion of uppers in 2021 for three flats. Ref 21/10455
There is scope for complete development and conversion of residential subject to planning.
EPC Text
Asset Rating - B (85)
Rating
Rateable Value £24,250
Source -
The 2024/2025 small business multiplier is 0.499 (49.9p 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.
Terms
Offers considered in the region of £300,000 subject to contract for the freehold interest with vacant possession on completion.
More information
Listed by
Primmer Olds BAS
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Primmer Olds BAS. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Primmer Olds BAS for full details and further information.