savills.co.uk

SAVILLS SOUTHAMPTON2 Charlotte PlaceSouthampton SO14 0TB

+44 (0) 23 8071 3900

Key Highlights• Substantial Grade II listed building in

established city centre location

• Ground floor restaurant bar with mezzanine and basement

• New lease available

• Sale of alcohol permitted until 02:00am

• A3 & A4 Use Class – suitable for a variety of leisure or retail uses

• Total approximate ground floor gross internal area of 5,178 sq ft (480 sqm)

RESTAURANT BAR TO LET RENTAL OFFERS INVITED

129 HIGH STREETSouthampton, SO14 2BR

Location The property is located on Southampton High Street and occupies a prominent corner position. The High Street is a well-established retail and leisure area with the following occupiers in proximity Rooster Piri Piri, Rancho Steak House, Coriander Lounge, The Standing Order (JD Weatherspoon) and The Dolphin Hotel. To the north west is West Quay Watermark development which is a substantial leisure complex operators include; Nandos, Bills and Franco Manca. To the south west is Ocean Village with its marina, cinema, residential apartments and commercial businesses and a collection of additional leisure operators including Southampton Harbour Hotel.

Southampton is one of the largest cities in the South of England which benefits from good transport links throughout the UK by road, rail, air and sea. The University of Southampton, Solent University and campuses accommodate around 25,000 students. Estimated population is currently 245,300 (Mid-Year Estimate 2014).

The PropertyThe property comprises a ground floor restaurant bar unit with mezzanine and basement. Customer access to the property is from High Street and comprises an open plan trading area which could accommodate approximately 150 covers. There is a fully fitted trade kitchen to the rear.

The total approximate ground floor gross internal area is 5,178 sq ft (480 sqm).

Rating The basement, ground and mezzanine floors of the property are listed in the 2017 Rating List with a total Rateable Value of £73,400. The National Multiplier for England and Wales for 2019/20 is £0.504.

Premises Licence & Permitted Opening Hours We understand a Premises Licence has been granted that permits various activities, including:

Sale of AlcoholMonday to Saturday 10:00 am - 02:00 am

Sunday 12:00 pm - 12:00 am

Permitted Opening HoursMonday to Saturday 09:00 am - 02:30 am

Sunday 12:00 am - 00:30 am

PlanningWe understand the ground floor benefits from both A3 and A4 Use Classes. The property is Grade II Listed and falls within the Old Town North Conservation Area.

PriceRental offers in the region of £50,000 are invited on the basis of a new lease.

ViewingFor a formal viewing, strictly by appointment with Savills. Please note the unit is currently closed to trade.

ContactJames Draper+44 (0) 23 8071 3986 james.draper@savills.com

Chris Bickle+44 (0) 23 8071 3943 cbickle@savills.com

Savills2 Charlotte Place Southampton SO14 0TB

IMPORTANT NOTICEMaps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Designed and Produced by Savills Marketing: 020 7499 8644 | January 2020