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15-18 Canute Rd 1,390 - 3,365 sq ft of 4-Star Retail Space Available in Southampton SO14 3FJ
Highlights
- Two Adjoining Prominent Retail/ Office / Leisure Units
- Situated in this popular Ocean Village waterfront destination
- Within an impressive new building
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rate
- Type
| Space | Size | Term | Rate | Type | ||
| Ground, Ste A | 1,390 sq ft | 10 Years | £21.22 /sq ft pa £1.77 /sq ft pcm £29,500 pa £2,458 pcm | Fully Repairing & Insuring | ||
| Ground, Ste B | 1,975 sq ft | Negotiable | £16.46 /sq ft pa £1.37 /sq ft pcm £32,500 pa £2,708 pcm | Fully Repairing & Insuring |
Ground, Ste A
Unit A, formerly a gymnasium, is partially ready for early occupation, and fronts Canute Road. Amenities include exposed ceiling grid, fluorescent lighting, electrics, air circulation (hot and cold) and floor coverings, in addition to private male and female toilets, a kitchenette and small storage accommodation. The approximate gross internal floor areas are as follows: Unit A: Gross frontage: 61 ft 6 inches Sales / floor area: 1,390 square feet / 129.13 square metres, A new full repairing and insuring lease will be made available for a term of ten or more years. Unit A: £29,500.00 per annum exclusive, plus VAT. payable quarterly in advance. The rents would also be subject to reviews at the end of each fifth year. Service Charges: The lease will include contributions towards the management, maintenance and insurance of the premises, estimated to amount to a figure of £1,868.03 for the year current (to April 2027) for each unit.
- Use Class: E
- Can be combined with additional space(s) for up to 3,365 sq ft of adjacent space
- Secure Storage
- Prominent and highly visible unit
- Offered in a ‘shell and core’ condition
- Ready for any new occupiers fitting out works
- Extensive glazed façade
- Two glazed personnel doors
Ground, Ste B
Unit B benefits from both a double frontage and two personnel doors, in addition to which there is a rear access door. This unit is offered in a “Shell and Core” condition therefore ready to incorporate a new occupier’s specific FitOut works. This would include new ceilings, lighting, electrics, heating, wall covering, toilets and flooring. The approximate gross internal floor areas are as follows: Unit B: Gross frontage: 72 ft Return frontage: 44 ft Sales / floor area 1,975 square feet / 183.48 square metres. A new full repairing and insuring lease will be made available for a term of ten or more years. Unit B: £32,500.00 per annum exclusive, plus VAT., payable quarterly in advance. The rents would also be subject to reviews at the end of each fifth year. Service Charges: The lease will include contributions towards the management, maintenance and insurance of the premises, estimated to amount to a figure of £1,868.03 for the year current (to April 2027) for each unit. Unit B: Rates to be reassessed.
- Use Class: E
- Can be combined with additional space(s) for up to 3,365 sq ft of adjacent space
- Secure Storage
- Prominent and highly visible unit
- Offered in a ‘shell and core’ condition
- Ready for any new occupiers fitting out works
- Extensive glazed façade
- Two glazed personnel doors
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 3,365 sq ft | Net Internal Area (NIA) | 4,791 sq ft |
| Property Type | Retail | Year Built | 2016 |
| Property Subtype | Shopfront Retail / Residential | Parking Allocation | 5.81/1,000 sq ft |
| Total Space Available | 3,365 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Net Internal Area (NIA) | 4,791 sq ft |
| Year Built | 2016 |
| Parking Allocation | 5.81/1,000 sq ft |
About the Property
Prominently located and adjoining traffic lights at the junctions of Canute Road and Royal Crescent Road in the very heart of Ocean Village, these two units will appeal to several differing businesses to serve this popular and affluent central Southampton waterside location. This is an opportunity to acquire one (or both) adjoining retail, office or leisure (Class E) units, all being beneath this modern 7 storey block of flats known as Royal Crescent Apartments. This is a highly visible and busy location situated at the junction of Canute Road and Royal Crescent Road in the very heart of Ocean Village. There are several new developments closeby including blocks of flats, modern office buildings, restaurants, a convenience store, in addition to Southampton Yacht Club. Access to the M.27 (motorway junctions 3 or 5) is within about a short 15-minute driving distance allowing quick and easy access to all parts of the Solent region and the M.3 and further a-field via the national motorway network. Southampton airport and Southampton Parkway rail station (London Waterloo within 65 minutes) is also close to junction 5 of the M.27.
- Bus Route
Nearby Major Retailers
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15-18 Canute Rd
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