No longer on the market
This property is no longer on the market
Floorplans (
MapRetail property (high street)
Retail property (high street)
540
Features and description
- Eastleigh Town Centre Redevelopment Scheme
- Commercial unit available to purchase or lease
- Unit A2 - ground floor retail unit of 540 sq. ft.
- Freehold price £125,000 or annual rental of £12,000 pax
- Available on terms to be agreed
- Units of other sizes also available
- Practical completion expected late 2024
- 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 extraction
- 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 and assuming a white-box finish.
Building A
Unit A1: Size 1,070 Sq. Ft – Freehold £250,000 / Rental £22,500 pax
Unit A2: Size 540 Sq. Ft. - Freehold £125,000 / Rental £12,000 pax
Building B
Unit B1: Size 419 Sq. Ft. Freehold £100,000 / Rental £10,000 pax
Unit B2: Size 977 Sq. Ft. - Freehold £230,000 / Rental £17,000 pax
RATEABLE VALUE
Each unit will need to be assessed for business rates upon practical completion or 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[use Contact Agent Button] or [use Contact Agent Button]
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.
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 and assuming a white-box finish.
Building A
Unit A1: Size 1,070 Sq. Ft – Freehold £250,000 / Rental £22,500 pax
Unit A2: Size 540 Sq. Ft. - Freehold £125,000 / Rental £12,000 pax
Building B
Unit B1: Size 419 Sq. Ft. Freehold £100,000 / Rental £10,000 pax
Unit B2: Size 977 Sq. Ft. - Freehold £230,000 / Rental £17,000 pax
RATEABLE VALUE
Each unit will need to be assessed for business rates upon practical completion or 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[use Contact Agent Button] or [use Contact Agent Button]
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.