Commercial Properties For Sale by Keygrove Chartered Surveyors, Southampton, including sold STC

Riverside Yard comprises a substantial yard/open storage site extending to approximately 2.185 acres in total, with the net usable area extending to circa 1.245 acres. The total site area is hatched red on the plan, with the net usable area hatched blue. The site is accessed via a concrete lane, which forms part of the title, and is mainly hardstanding with a small area of unsurfaced ground. Water and electricity are available on site. There is also an old farm building, although this is in derelict condition. Approximately 25% of the site is currently let, producing an income of £40,250 per annum. The property therefore provides an exciting opportunity for an owner occupier to acquire a sizeable yard/site for their own use, whilst also benefiting from an existing income stream from occupiers on site. The property also offers an excellent opportunity for investors to increase the overall income by letting the vacant areas of the site to new occupiers. The current tenancy layout plan and tenancy schedule are included at the end of this brochure.

The former goods yard is level and fenced with a mainly type 1 aggregate surface. The area is 0.86 acres (0.348 hectares). Maximum dimensions are approximately 150m x 28m. There are no services on the site but they are available nearby. Flexible terms are available and the site could be split. We are advised that the site has established use for open storage.

An excellent opportunity to acquire a well located mixed-use investment comprising a ground floor retail unit let to a highly established tenant, alongside a first floor residential development opportunity with significant value-add potential. The ground floor is let to Landmark Entertainments Ltd, trading as Richmond Leisure, a long-standing adult gaming centre operator who have traded from the premises for over 35 years. The tenant will enter into a new 15-year FRI lease (tenant break at year 10) at an initial rent of £27,000 per annum, with 5-yearly upward only rent reviews. A rent deposit will be provided, and strong full company accounts are available upon request. The first floor is currently arranged as a spacious 2-bedroom flat to the front and office accommodation to the rear. A planning process initiated in 2019 proposed reconfiguration of the upper parts to create 2 x 1-bedroom flats and 2 x studio flats. Architect's plans and historic planning documents are available upon request. Once developed, the flats are anticipated to generate a rental income in excess of £36,500 per annum. Subject-to-planning offers will be considered.

The property comprises a modern recently refurbished, detached industrial unit with first floor offices and extensive mezzanine. The workshop has a manual roller loading door (3.59m wide x 4.00m high). The workshop benefits from LED lighting, 3 phase electricity and a gas fired air blower. The open workshop area provides minimum eaves height of 7m, whilst the area beneath the mezzanine provides ceiling height of 2.41 m The offices benefit from LED lighting and air conditioning. There are 2 kitchenettes plus ladies, gents and disabled WC's. There is a fire and intruder alarm. There are 4 car parking spaces on the forecourt in front of the property, a further 6 spaces at the rear of the property and additional free roadside parking.

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.

These are a mix of vacant offices and office investments. The properties have been externally painted. The offices have suspended ceilings, fluorescent lighting and WC facilities. Most of the units have perimeter trunking, kitchenettes, double glazing and most have fitted carpets. The office units require modernisation. There is good car parking provision at Parkway. Unit 1646/47 is let to a long term tenant, Autism Hampshire. An investor will have the benefit of a new 10 year lease, with a 5 year break. The tenant has been in operation for over 40 years and is part of the Avenues Group. Full lease details can be provided upon request.

This is an end of terrace light industrial/business unit with a ground floor workshop and first floor offices. The ground floor workshop has 3-phase power and an up-and-over roller shutter door measuring approximately 3.71m wide by 2.62m high. The height beneath the suspended ceiling is approximately 2.45m. The first floor comprises an open plan office with private meeting room. The suite benefits from air conditioning, electric wall mounted heaters, fitted carpets, a new kitchenette, LED lighting and perimeter trunking. The property benefits from a substantial surfaced storage area to the side for the occupier's sole use, which has recently been utilised for three 20-foot containers and car parking, in addition to ample parking to the front of the unit. There are WC facilities on the ground and first floors.

A newly refurbished two-storey self-contained office building. The open plan offices have been refurbished to a modern specification, benefitting from LED lighting, new carpets, air conditioning, alarm system and gas central heating. Dado trunking is to be installed. The property also provides a new kitchen and two WCs. There are six allocated car parking spaces, with additional spaces available by separate negotiation.

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.

1 - 3 Lyon Street is a ground and first floor office building with car parking. This period property has been extended to provide two independent office suites with double glazing and CCTV. There is a secure undercroft car park. 1 Lyon Street is a first floor suite decorated neutrally with period features. It is an open plan space, arranged over split levels and has perimeter trunking, ceiling mounted down lights and central heating. There is a staff kitchen and WC. 3 Lyon Street is a ground floor office. The office comprises two rooms, there is a front entrance hall and direct access from the rear car park. There is gas central heating and fluorescent lighting. There is a staff kitchen and WC. Please note that photos are from 2023, the premises are currently being used for storage.

The property comprises a self-contained commercial unit currently used as a church, suitable for a range of uses (STPP). The space is largely open plan with an entrance lobby and benefits from LED lighting, mechanical ventilation system, raised access flooring, wall mounted electric heaters, air conditioning and an alarm system. There is a secure yard / parking area of approximately 4500 sq ft, providing excellent on-site parking or storage (STPP). The property would suit a range of owner-occupiers. There are WC and kitchenette Facilities.

A mid terrace two storey office, located in a popular business centre. The ground and first floor comprises open plan office suites. There is a substantial loft space with ladder access, suitable for ancillary storage. The offices benefit from carpeted floors, an alarm system, electric heating, fluorescent lighting and optional office furniture. There is a staff WC and tea point. There is 1 dedicated parking space and additional visitor parking. There are public car parks within walking distance.

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.