Commercial Properties For Sale by Keygrove Chartered Surveyors, Southampton

An attractive multi-let office investment in a Grade II listed period building within Southampton's popular Carlton Crescent area. The property is arranged over five floors, including a lower-ground-floor suite, and provides a range of office and commercial suites occupied by a mix of well-established businesses. There is private car parking at the front of the property and a large private rear car park. The investment currently produces an annual income of £66,000, with potential to increase to approximately £84,000 per annum upon letting the vacant second-floor suite. Presently used by the owner for storage, this 1,088 sq ft suite comprises an open-plan office, a private meeting room and a generous kitchen, together with three allocated parking spaces. The suite will be cleared prior to sale completion, ready for marketing. As the property is Grade II listed, empty business rates are not payable whilst the suite remains vacant. Full details of the occupational tenancies are set out in the tenancy schedule, overleaf. The building benefits from a service charge arrangement, through which tenants contribute towards the maintenance, repair and management of the property. Further information is provided in the Service Charge section of this brochure.

Mid-terrace industrial / warehouse unit of steel portal frame construction with brick walls beneath a pitched roof incorporating translucent roof lights. The ground floor comprises a front office with an independent access from Mill Road, leading to an open warehouse with 4.5m minimum eaves and additional storage space beneath the mezzanine (approx. 2.4m height). There is a roller shutter loading door (approx. 4.0m x 3.72m) accessed from Stanton Road Industrial Estate. Single phase power and an alarm system are installed. The first floor comprises a mix of open plan and private offices, fitted with LED lighting, gas central heating, vinyl flooring, perimeter trunking, fibre internet and optional office furniture. There are kitchen facilities and two WCs. There are two allocated parking spaces within the industrial estate, together with extensive unrestricted parking on Mill Road.

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 on a long lease. The owner pays a ground rent of £50 per annum. The 712 sq ft shop has frontage to Church Street and is visible from Market Place. It is let to Tidal Vapes Limited on a 7-year lease from April 2023, expiring April 2030, at a rent of £19,800 per annum. There is a tenant-only break option in April 2028. The lease is on effective full repairing and insuring terms. The rent is subject to an upwards-only review in April 2028. The lease is available to review upon request. The tenant offers a very good covenant, with a Credit Safe Risk Score of 79 (placing it in the upper 25% of 22,420 comparable companies) and an International Score of 'A' (very low risk). Details of the current service charge and sinking fund arrangements are available upon request. Please find the tenancy schedule overleaf.

This is an opportunity to purchase a prominent property situated on Eastleigh High Street. The premises were most recently used as a museum and comprises a front sales area with a corridor leading to a rear self-contained studio, which also benefits from independent rear access and could be let separately. This unique and versatile property is well suited to a range of occupiers (STPP) including boutique retail, restaurant, gym / fitness, community / church, beauty salon or leisure concepts such as escape rooms or gaming venues. The property benefits from a maximum eaves height of approximately 5.69 m, gas central heating, a ventilation system and a rear studio with independent access. There are kitchen and WC facilities.

This is a two-storey detached building. The ground floor comprises a shop unit, which has been in long-term use as a takeaway, with a sales area and rear preparation space. The first floor provides ancillary residential accommodation, currently arranged as three rooms and a bathroom, with a separate side access. The layout and side access suggests potential, subject to planning permission, to reconfigure the ancillary accommodation into a self-contained one-bedroom flat, with the installation of kitchen facilities. The shop could suit a variety of occupiers, subject to planning permission, and benefits from 3 phase power, LED lighting and cooking equipment. There is a rear access into the preparation area. The property also benefits from free on-street parking available 24/7. There are WC facilities on both the ground and first floors.

An exceptional opportunity to acquire a prominent and strategically positioned development parcel fronting Lower Chase Road, offering significant potential for residential-led development (STPP). The site benefits from direct frontage and the ability to reinstate a secondary access from Lower Chase Road, with an established track running alongside the boundary providing vehicular access into the rear fields. The front 3.69 acre section of the site benefits from extant planning permission for a care home, demonstrating the site's suitability for development. The surrounding area is experiencing continued residential growth. Land immediately adjoining the western boundary is currently under consultation for a proposed scheme of 77 new dwellings. This further reinforces the site's position within an expanding residential setting.

An excellent opportunity to acquire a well-located mixed-use investment comprising a ground floor retail unit let to a highly established tenant, together with a first-floor residential development opportunity offering significant value-add potential. The ground floor is occupied by Landmark Entertainments Ltd, trading as Richmond Leisure, a long-standing adult gaming centre operator which has traded from the premises for over 35 years. The tenant will enter into a new 15-year FRI lease, subject to a tenant break at Year 10, at an initial rent of £30,000 per annum. A rent deposit will be provided and strong full company accounts are available upon request. The first floor is currently arranged as a spacious two-bedroom flat to the front, with office accommodation to the rear. The space offers potential for conversion and reconfiguration to provide a number of self-contained residential units, subject to planning. There is also potential to extend the first-floor over the existing flat roof to the rear, increasing the available floor area and scope of any future residential scheme. Subject-to-planning offers are welcome and developers are encouraged to inspect the property to assess the development potential and establish the scheme that may be achievable.