£27,500 pa
Retail premises to let
Property photos
From
£27,500 pa
(£19.78/sq. ft. pa)
Retail premises to let
Canute Road, Southampton SO14From 1,390 - 1,975 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Hope Community School Southampton 0.4 miles
- St John's Primary and Nursery School 0.5 miles
- Southampton Passenger Ferry Terminal 0.5 miles
- Southampton Vehicle Ferry Terminal 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Southampton to find out more about the local area.
Features and description
- Unfurnished
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.
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.
Unit B enjoys a double frontage to both Canute Road and Royal Crescent Road. There are 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 Fit-Out works. This would include new ceilings, lighting, electrics, heating, wall covering, toilets and flooring.
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, Unit B:
Gross frontage: 61 ft 6 inches
Sales / floor area: 1,390 square feet / 129.13 square metres, Unit B:
Gross frontage: 72 ft
Return frontage: 44 ft
Sales / floor area 1,975 square feet / 183.48 square metres.
Areas taken off plans and calculated in accordance with RICS Code of Practice on a gross internal basis.
Lease:
A new full repairing and insuring lease will be made available for a term of ten or more years.
Rent:
Unit A: £29,500.00 per annum exclusive, plus VAT. Payable quarterly in advance.
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.
Rates:
Unit A:
According to the Valuation Office (voa) the Rateable Value is £19,750. Thus, the rates payable would be approximately £7,544.50, the current poundage being 38.2 as of 1st April 2026.
Unit B: To be reassessed.
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.
Legal Costs:
Each party will be responsible for their own legal expenses.
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.
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.
Unit B enjoys a double frontage to both Canute Road and Royal Crescent Road. There are 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 Fit-Out works. This would include new ceilings, lighting, electrics, heating, wall covering, toilets and flooring.
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, Unit B:
Gross frontage: 61 ft 6 inches
Sales / floor area: 1,390 square feet / 129.13 square metres, Unit B:
Gross frontage: 72 ft
Return frontage: 44 ft
Sales / floor area 1,975 square feet / 183.48 square metres.
Areas taken off plans and calculated in accordance with RICS Code of Practice on a gross internal basis.
Lease:
A new full repairing and insuring lease will be made available for a term of ten or more years.
Rent:
Unit A: £29,500.00 per annum exclusive, plus VAT. Payable quarterly in advance.
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.
Rates:
Unit A:
According to the Valuation Office (voa) the Rateable Value is £19,750. Thus, the rates payable would be approximately £7,544.50, the current poundage being 38.2 as of 1st April 2026.
Unit B: To be reassessed.
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.
Legal Costs:
Each party will be responsible for their own legal expenses.
More information
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