Commercial Properties For Sale in Romsey, Hampshire
Paid partnerships can play a role in listing order
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Prime located retail investment of 2 shops let producing a rental income of £47,500 pa plus vacant upper floor offices of 2,098 sqft suitable for conversion to residentail use (stp) or continued office use
- Prime located retail invesment with upper floor vacant offices
- 2 shops let producing rental income of £47,500 pa
- Shops let until 2029 and 2034
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The premises are situated within Budds Lane which is a mainly industrial estate located on the northern edge of Romsey. It's approx. one mile from Romsey town centre and about half a mile from the train station. Access to the estate is restricted by a narrow railway bridge with a max height of 13 ft
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Romsey is an affluent market town located in Hampshire. The town has easy access to Winchester (9.5 miles northeast), Southampton (7.5 miles south-east) and the New Forest via A3090, M271 and M27 respectively. The location offers a comprehensive selection of commercial premises including retail shops, restaurants, cafés and beauty salons. Major national retailers nearby include Boots, Waterstones and TSB. The asset is well positioned just off the prime position of Market Place and well located for nearby car parks, Romsey Abbey, excellent public transport links and benefits from good footfall along the main retail area. The property comprises a centre terraced building of traditional brick construction beneath a pitched slate tiled main roof. It provides two well configured lock up shops at ground level, with extensive glass frontage and rear access. The uppers are a self-contained two level residential flat which is sold off separately.
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This investment property comprises a three-storey Grade II listed building generating a total income of £31,620 per annum from a ground-floor retail unit and 2x two bedroom flats. One flat is let on an assured shorthold tenancy at an annual rent of £11,820 per annum. The other flat is sold off o...
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The town of Romsey is situated about 8 miles to the north-west of Southampton via the A27 and within about 2 miles of Junction 2 of the M27 motorway. The property is situated on the established Budds Lane Industrial Estate on the northern outskirts of the town just off the A3057 Stockbridge Road. The accommodation is arranged internally to comprise ground floor workshop premises with an office and store partitioned out, and WCs. There is a first-floor mezzanine office area. There is an internal fire exit into a communal corridor that serves a number of units. The unit benefits from approximately nine allocated parking spaces.
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A wonderful opportunity within Crampmoor Lane, one of Romsey's most sought after locations, to acquire a building plot with full planning permission granted for a beautiful detached family home. Measuring approximately 1,922sqft, with generous gardens and a beautiful setting on the edge of the town.
