New ground floor A1/A3 unit available for immediate occupation at the centre of Southampton’s emerging Cultural Quarter

13 May 2011

The available unit, Unit 2 One Guildhall Square, Above Bar Street, fronts the newly refurbished Guildhall Square - a central piece in the city’s emerging Cultural Quarter and the perfect setting to attract events, art shows and exhibitions.

With a main frontage to Guildhall Square this ground floor retail unit (59 feet/18m with a GIA of 1177.6 sq ft/109.4 sq m) forms part of a substantial new commercial development providing approximately 65,000 sq ft occupied office accommodation and 2 ground floor units suitable for restaurant or café use. The larger unit has recently been let to Turtle Bay Restaurants Limited – opening June 2011.

The investment in the Cultural Quarter is expected to bring in an additional £21m of visitor spend each year. Key attractions within the Cultural Quarter will be the Sea City Museum (planned opening 2012) and a major new arts complex (to be built on the former Tyrrell & Green department store site).

In line with the policy for the Cultural Quarter the Council welcomes interest from established food venues which promote well run family friendly environments with sit down eating and drinking area. These should complement the City’s Cultural offer and Al Fresco dining will be considered, subject to appropriate licensing restrictions.

The unit is available at a rent of £29,000 per annum exclusive, on a 25 year lease with 5 yearly rent reviews. The rateable value is £34,500.

The Council will consider providing a capital contribution towards fit out works.

Download a copy of Unit 2 One Guildhall Square marketing material.

Image shows: Unit 2 One Guildhall Square (seen in botton right had corner)
Image copyright: Southampton City Council

For further information or to view the property:

Contact: Sharon Bishop, Property Services, CAPITA SYMONDS
Tel: 023 8083 2754
Email:sharon.bishop@southampton.gov.uk