Refurbished building subject to pre-app to add a floor

Prominently positioned on the west side of St Petersburgh Place with the benefit of dual frontage to Moscow Road. Attractive period building comprising 22,020 sq ft (2,045.7 sq m) of retail and office accommodation with an outside terrace, a rear courtyard and parking. Rare opportunity to acquire a substantial refurbished property with exceptional ceiling heights and EPC B. Multi-let to three tenants providing short term diversity of income at an overall passing rent of £965,492 per annum. Full Vacant Possession achievable by the end of 2024. Part of the property is let to the developer of the nearby The Whiteley development who currently use it as their show suite for the development. Possible redevelopment opportunity with a favourable pre-app secured for the addition of a second floor and reconfiguration of the floors to take the building to c.31,651 NIA, a 44% increase in the NIA.