Savills | Unit 1A Arts Complex, 152 Above Bar Street, Southampton, SO14 7DU | Property to rent
2,606 sq ft(242.11 sq m)
£55,000
per year

Unit 1A Arts Complex, 152 Above Bar StreetSouthampton, SO14 7DU


    Key features

    • Former coffee shop located in Guildhall Square development close to main retail pitches
    • Benefits from existing M&E investment c2015/2016
    • Ground floor and mezzanine levels with GIA of approx. 2,606 Sq Ft
    • Close to Nando’s, Turtle Bay, Mettricks, Kaspa's, MAST theatre and gallery
    • New lease with rental offers sought in the region of £55,000 PAX
    • Ready for tenant fit out

    Well positioned former chain coffee shop/Class E property located in City Centre - suitable for a variety of uses (STPP)

    About this property

    • Description
      The unit occupies the ground and mezzanine floors of one of the Arts Quarter buildings; a modern mixed use development that includes 38 luxury apartments, theatre and arts space. Fenestration is double glazed set in metal frames.
      The unit benefits from a single frontage to Above Bar and a spacious open plan interior with a floor to ceiling height of approximately 6.0m (excluding mezzanine).
      The property is currently without loose trade inventory but includes a Heating, Ventilation and Air Cooling (HVAC) infrastructure having most recently traded as branded coffee shop. Under this model, customers were seated on the open plan ground floor and mezzanine levels. Ground floor ancillary space includes customer WCs, prep/wash-up area and storage. On the upper level is an office space with mechanical dumb waiter.

      Service Charge
      A service charge is applicable.

      Tenure
      Leasehold. Rental offers in the region of £55,000 per annum exclusive are sought for the benefit of a new lease with terms to be agreed.
      Vacant possession is available upon completion of legal formalities.

      Rating
      We await confirmation of the 2017 Rating List showing the current Rateable Value. The National Multipliers for England and Wales for 2021/2022 are 49.9p (small multiplier) or 51.2p (large).

      Planning
      We understand the property benefits from Commercial Use Class E (suitable uses may therefore include restaurant/bar, retail, financial or business services).

      Fixtures and Fittings
      We understand that all trade inventory owned outright will be included (subject to negotiation). Branded items will be removed.

      Energy Performance Certificate
      The property has a rating of C-62.

      Viewing
      To arrange a viewing please contact the joint agents. The property is closed to trade.

    Local information

    • The property is located in the Arts Quarter (also known as Guildhall Square), a popular food and beverage location and residential development in the centre of Southampton. The area benefits from a mix of independent and branded restaurant, bar and cafe operators including Nando’s, Turtle Bay, Drunken Monkey and Mettricks. Other wet-led pubs and late night venues are also in the vicinity. Nearby is a theatre, gallery and the O2 Guildhall entertainment space.
    • The unit is located 0.5 miles (750m) north east of West Quay shopping and leisure centre and the main retail precinct and 0.5 miles (750m) south of Bedford Place and London Road; one of the city’s established bar and restaurant circuits.
    • Southampton has several academic institutions in the city. The University of Southampton, Solent University and their campuses accommodate around 25,000 students. Southampton’s mainline railway station provides fast and frequent rail services to London Waterloo with a journey time of approximately 70 minutes. The following are approximate distances from the property: London 70 miles (113 km) Portsmouth 20 miles (32 km) Bournemouth 30 miles (48km) and Winchester 13 miles (21 km).

    Energy performance

    EPC Rating is C (62)

    Available space

    Floor / UnitTypeSizeStatus
    Ground-1672 sq ftAvailable
    Mezzanine-934 sq ftAvailable