£705,000

Retail premises for sale

  1.  Picture No. 17
  2.  Picture No. 16
  3.  Picture No. 15
Freehold

From

£705,000

(£234.53/sq. ft)

Retail premises for sale

High Street, Eastleigh, Hampshire SO50

3,006 sq. ft

Local area information

Property location

Nearby amenities

  • Eastleigh 0.1 miles
  • Norwood Primary School 0.2 miles
  • The Crescent Primary School 0.3 miles
  • Southampton Airport Parkway 1.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Eastleigh to find out more about the local area.

Features and description

  • Freehold
  • Eastleigh Town Centre Redevelopment Scheme
  • For Sale or To Let - Four Commercial Units
  • Completion anticipated late 2024
  • Unit sizes ranging from 419 Sq. Ft to 1,070 Sq. Ft.
  • Freehold unit prices from £100,000
  • Rental prices from £8,500 pax
  • Permitted uses: E(a), E(c), E(e), E(g)(i), F1 & F2 which include retail, financial and professional services, medical and community use
  • No fast-food businesses or those requiring kitchen extraction
  • Shell & Core Units
  • Purchaser/tenant to undertake their own fit-out, as required
Postmark Place is owned by Eastleigh Borough Council and will form part of an ongoing plan to promote economic regeneration within the town centre. The redevelopment will include the provision of commercial space on the ground floor of both buildings, including the frontage onto the High Street that was once occupied by the Post Office. The scheme will also provide improved links between High Street and Market Street. In total, four new commercial units of varying sizes are being created, along with 28 apartments on the upper floors.

This exciting mixed-use scheme not only develops a brown field site but will help kickstart the regeneration of the town centre. It will provide commercial space as well as much needed affordable housing for people who want the advantages of town centre living such as access to local shops and facilities together with the convenience of nearby bus and rail links.
Tenure

The freehold of each commercial unit is available at the below prices, to be sold with vacant possession in a shell and core condition.

Alternatively, available on a pre-let basis, on terms to be agreed and subject to the completion of works, at the following guide rents.

Building A
Unit A1: Size 1,070 Sq. Ft – Freehold £250,000 / Rental £20,000 pax
Unit A2: Size 540 Sq. Ft. - Freehold £125,000 / Rental £10,000 pax

Building B
Unit B1: Size 419 Sq. Ft. Freehold £100,000 / Rental £8,500 pax
Unit B2: Size 977 Sq. Ft. - Freehold £230,000 / Rental £15,000 pax
Rateable value

Each unit will need to be assessed for business rates upon practical completion or purchaser/tenant occupation. For further details please contact the Valuation Office Agency (voa).
EPC

To be provided upon practical completion.

Legal costs & VAT
Each party is expected to bear their own legal costs in any transaction. It is to be established if VAT is payable.
Viewings

For any enquiries, including plans of the proposed development and each unit configuration, please contact sole agents Trinity Rose Commercial on or email <br /><br />Eastleigh is a large and busy town to the north of Southampton with excellent transport links to the M3/M27, Southampton Airport and a mainline rail link to London Waterloo. Many multiple retailers are represented close to this new development including Pets Corner, Iceland Foods, numerous estate agents, independent cafes and retailers, while on Market Street are Specsavers, Sainsburys, Boots, Coffee#1, Costa and Superdrug, plus the Swan Shopping Centre is just at the end of the street.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Trinity Rose Commercial. 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 Trinity Rose Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Hampshire
  4. Eastleigh
  5. High Street

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