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30 Carlton Pl 7,405 sq ft Retail Property Southampton SO15 2DX £750,000 (£101.28/sq ft)



INVESTMENT HIGHLIGHTS
- Freehold E class unit for sale with vacant possession.
- Site area of 0.134 acres (0.05423 ha).
- Occupied Property arranged over two levels extending to 912 sq. ft (84.78 sq. m).
- 7 years unexpired term.
- Offers in the region of £750,000.
- Additional E class investment unit included.
- Vacant Property arranged over two levels extending to 6,493 sq. ft (603 sq. m).
- Current rental income of £13,500 per annum.
- Opportunity to invest in the vacant space, operate or lease.
EXECUTIVE SUMMARY
Located in the city of Southampton, 30 Carlton Place is situated within the vibrant Bedford Place area, just a short distance north of Southampton City Centre. The property is well-positioned to benefit from its proximity to both the University of Southampton, approximately 1.5 miles to the north, and Southampton Solent University, just 0.4 miles to the east, with a combined student population of around 35,000. Carlton Place forms part of the city's main leisure circuit, which draws substantial footfall from the local student population and young professionals. Nearby operators include well-known brands such as Revolution and Turtle Bay, as well as a variety of independent restaurants, bars, and cafés, making it a popular destination for dining and nightlife in Southampton.
FREEHOLD E-CLASS BUILDING IN SOUTHAMPTON CITY CENTRE FOR SALE WITH PART VACANT POSSESSION PART INVESTMENT The early to mid-19th century two storey semi-detached building is arranged over ground and first floors with a single storey side extension. The building has brick and painted rendered elevations beneath a part slate pitched roof and flat roofing.
Freehold E class unit for sale with vacant possession Additional E class investment unit included Site area of 0.134 acres (0.05423 ha) Vacant Property arranged over two levels extending to 6,493 sq. ft (603 sq. m) Occupied Property arranged over two levels extending to 912 sq. ft (84.78 sq. m) Current rental income of £13,500 per annum 7 years unexpired term Opportunity to invest in the vacant space, operate or lease Offers in the region of £750,000 Vacant Unit Ground floor - outdoor court yard towards the front of building that leads into a large open space which is in a shell and core condition. There are two stair cases at the front and rear that have access to the second floor. 1st floor - The space comprises a number of interconnecting rooms with one larger room with glazing on both front and rear elevations. The accommodation lends itself to either office or residential conversion. Occupied Unit Ground floor - The layout includes a bar/ food servery to the left upon entry, with a trading area at the front of the property. Towards the rear, there is a kitchen and a toilet. 1st floor - The first floor offers additional seating along with an office space.
The entire property is designated as ‘Use Class E’, but we are of the opinion that the ground floor of the vacant space lends itself to bar/restaurant use, with either office or residential (STP) above. The premises still benefits from the existing planning permission which includes a 200 seater restaurant under planning reference 03/01613/FUL. 30a Carlton Place (Piecaramba!) is Grade II listed under listing number 1339972, while the remainder of the building is not listed. The site is outside any prohibitive flood zones but is situated within the Southampton Conservation Area. The property falls under the jurisdiction of Southampton City Council.
FREEHOLD E-CLASS BUILDING IN SOUTHAMPTON CITY CENTRE FOR SALE WITH PART VACANT POSSESSION PART INVESTMENT The early to mid-19th century two storey semi-detached building is arranged over ground and first floors with a single storey side extension. The building has brick and painted rendered elevations beneath a part slate pitched roof and flat roofing.
Freehold E class unit for sale with vacant possession Additional E class investment unit included Site area of 0.134 acres (0.05423 ha) Vacant Property arranged over two levels extending to 6,493 sq. ft (603 sq. m) Occupied Property arranged over two levels extending to 912 sq. ft (84.78 sq. m) Current rental income of £13,500 per annum 7 years unexpired term Opportunity to invest in the vacant space, operate or lease Offers in the region of £750,000 Vacant Unit Ground floor - outdoor court yard towards the front of building that leads into a large open space which is in a shell and core condition. There are two stair cases at the front and rear that have access to the second floor. 1st floor - The space comprises a number of interconnecting rooms with one larger room with glazing on both front and rear elevations. The accommodation lends itself to either office or residential conversion. Occupied Unit Ground floor - The layout includes a bar/ food servery to the left upon entry, with a trading area at the front of the property. Towards the rear, there is a kitchen and a toilet. 1st floor - The first floor offers additional seating along with an office space.
The entire property is designated as ‘Use Class E’, but we are of the opinion that the ground floor of the vacant space lends itself to bar/restaurant use, with either office or residential (STP) above. The premises still benefits from the existing planning permission which includes a 200 seater restaurant under planning reference 03/01613/FUL. 30a Carlton Place (Piecaramba!) is Grade II listed under listing number 1339972, while the remainder of the building is not listed. The site is outside any prohibitive flood zones but is situated within the Southampton Conservation Area. The property falls under the jurisdiction of Southampton City Council.
PROPERTY FACTS Sale Pending
Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
7,405 sq ft
Costar Property Class
B
Year Built
1862
Price
£750,000
Price per sq ft
£101.28
Tenancy
Single
Number of Floors
2
Parking
3 Spaces (0.41 Spaces per 1,000 sq ft Leased)
Frontage
37 ft on Carlton Pl
AMENITIES
- Dedicated Turn Lane
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NEARBY MAJOR RETAILERS
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30 Carlton Pl
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