Summary - Former Natwest Bank, 43 Commercial Road, Totton, Southampton, Hampshire, SO40 3BX SO40 3BX
1 bed 1 bath Shop
Large flexible shop with redevelopment potential near car parks and high footfall.
Approximately 300 sq m (3,229 sq ft) prominent corner unit
A prominent two‑storey corner building in Totton Shopping Centre offering c.300 sq m (3,229 sq ft) of flexible space. The former banking hall provides a large open ground floor and substantial first floor, benefitting from Class E designation that allows a variety of commercial and some alternative uses (subject to planning).
This long leasehold offering (guide price £300,000) suits developers or investors seeking a conversion or redevelopment opportunity. There is lapsed planning permission (REF 21/10455) for three flats on the upper floor, showing previous residential potential; full redevelopment or change of use will require fresh consents. The property has an EPC Asset Rating B (85) and good digital connectivity (fast broadband, excellent mobile signal).
Be clear on the main drawbacks: the building is described as derelict and requires renovation throughout; heating is by electric room heaters only and the tenure is long leasehold. The property sits in an area with high recorded crime and wider deprivation indicators, which will affect certain uses and lettability. Practical positives include central location beside two large customer car parks, strong pedestrian footfall from national occupiers, and no flood risk.
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