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UNDER OFFER

125 High Street, Southampton, Hampshire, SO14 2AA

£300,000

£238.28 per sq ft

Business rates & charges may apply

Primmer Olds B.A.S., Southampton
SIZE AVAILABLE

1,259 sq ft

117 sq m

SECTOR

Shop for sale

Key features

  • Current rental income £26,400 per annum
  • 10 year lease expiring November 2033
  • Freehold
  • Ground Floor Retail (uppers sold off)
  • Gross Initial Yield 8.8%
  • Guide price £300,000

Description

The subject property is located on the High Street in the centre of Southampton within a lively dining and leisure area. West Quay Shopping Centre and Above Bar is located approximately half a mile north and within 10 minute walking distance.

The Grade II Listed building comprises extensive ground floor retail and basement with WCs and kitchen at the rear. The freehold interest also includes x7 residential apartments on the first, second and third floors, sold off on 125 year long leaseholds. Each apartment contributes £200 per annum in Ground rent to the freeholder, totalling £1,400 per annum in additional income.

Brochures

125 High Street, Southampton, Hampshire, SO14 2AA

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Southampton Central Station0.7 miles
  • Woolston Station1.2 miles
  • Millbrook Station1.6 miles

About Primmer Olds B.A.S., Southampton

Mountbatten House, 1 Grosvenor Square, Southampton, SO15 2JU

Whether you are looking to rent or purchase... concentrate on your business and we will concentrate on your business space!

Whether its retail, medical, industrial, office or something a bit different we have helped numerous business occupiers make the right move.

With an integrated approach, our team of professionals can help with all aspects of the move and advise on the ongoing costs, maintenance and management of your space.

Whether you are looking to rent or purchase... concentrate on your business and we will concentrate on your business space!

Whether its retail, medical, industrial, office or something a bit different we have helped numerous business occupiers make the right move.

With an integrated approach, our team of professionals can help with all aspects of the move and advise on the ongoing costs, maintenance and management of your space.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 1848FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Primmer Olds B.A.S., Southampton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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