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Commercial Rd 3,267 sq ft Retail Unit Offered at £300,000 in Totton SO40 3BX

Investment Highlights
- Approximate Gross Internal Area - 300 sq m
- Suitable for owner occupier
- Prominent two storey corner property
- Guide Price £300,000
- Potential opportunity for developers and investors
- Two large public car parks located within walking distance
Executive Summary
The property comprises a former Natwest Bank across two floors. 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.
Property Facts Sale Pending
| Total Property Size | 47,708 sq ft | Typical Floor Size | 23,854 sq ft |
| Property Type | Retail (Unit) | Year Built | 1964 |
| Property Subtype | Shopfront | Total Plot Size | 1.68 ac |
| Costar Property Class | B | Parking Allocation | 1.72/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 47,708 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 23,854 sq ft |
| Year Built | 1964 |
| Total Plot Size | 1.68 ac |
| Parking Allocation | 1.72/1,000 sq ft |
Amenities
- Bus Route
- Dedicated Turn Lane
- Security System
- Roller Shutters
- Storage Space
1 Unit Available
Unit Former Natwest Bank
| Unit Size | 3,267 sq ft | Unit Use | Retail |
| Price | £300,000 | Sale Type | Owner Occupier |
| Price Per sq ft | £91.83 | Tenure | Long Leasehold |
| Unit Size | 3,267 sq ft |
| Price | £300,000 |
| Price Per sq ft | £91.83 |
| Unit Use | Retail |
| Sale Type | Owner Occupier |
| Tenure | Long Leasehold |
Description
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.
Sale Notes
Offers considered in the region of £300,000 for the long leasehold subject to contract for the freehold interest with vacant possession on completion.
Nearby Major Retailers
Presented by
Commercial Rd
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