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COMMERCIAL

Bevois Valley Road, Southampton

£1,700,000
Hunters, Southampton
PROPERTY TYPE

Commercial Property

BEDROOMS

11

BATHROOMS

11

SIZE

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Key features

  • Investment Opportunity
  • Substantial income generator
  • Freehold
  • Combined gross potential of £148,000 P.A
  • 11 Bedroom HMO
  • Wine Bar
  • Nightclub
  • Call To View

Description

** Attention Investors - Looking for an 8% yield**

An exciting opportunity to purchase the freehold of a commercial premises containing a world renowned Nightclub, wine bar and an 11 bedroom HMO.

The current owners first opened Clowns in 1987 before buying Jesters two years later and alongside their sons have created a world famous bar and nightclub that has been the destination for thousands, being affectionately dubbed the "Palace of Dreams”.

The Official Clowns and Jesters Facebook group has 7.6K follows a testament to how well loved this venue is.

The current owners will grant a new 10 year lease on the Bar & nightclub at a rent of £48,000 P.A
The HMO has the potential of a Gross income of around £100,000 P.A

Combined gross potential of £148,000 P.A

Providing the new owner a substantial income generating investment from day one at around an 8% yield.

Viewings strictly by appointment only.

Aml - Agents are required by law to conduct anti-money laundering checks on all those buying a property.

We outsource the initial checks to partner suppliers Coadjute who will contact you once you have had an offer accepted on a property you wish to buy.

The cost of these checks is £48inc vat per person. This is a non-refundable fee.

These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.

This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.

Material Information - Southampton - Tenure Type; Freehold
Council Tax Banding; N/A

Brochures

Bevois Valley Road, Southampton

Energy Performance Certificates

EE Rating

Bevois Valley Road, Southampton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Denys Station0.4 miles
  • Bitterne Station0.8 miles
  • Southampton Central Station1.1 miles
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About Hunters, Southampton

38 Bedford Place Southampton SO15 2DG
About us

Welcome to Hunters Estate Agents Southampton, your trusted partner for all your property needs in our lovely vibrant coastal city.

Since 2004, we've been helping homeowners like you find the perfect tenants and buyers, making the process stress-free and rewarding.

Our unrivalled local knowledge ensures that we understand the unique selling points of Southampton, allowing us to deliver outstanding service time and time again.

At Hunters Southampton, we pride ourselves on being experts in lettings. With Director Jonathan's first-hand experience as a landlord since 2002, we understand the challenges you face and stay up-to-date on the latest legislation changes to protect your investment.

Southampton offers the perfect blend of city and coastal life. With the New Forest and South Downs nearby, there's ample opportunity to enjoy the beautiful countryside. Plus, easy access to the Isle of Wight and a rich maritime history make Southampton a truly unique place to live.

Our services are tailored to meet your needs, from free property valuations to bespoke marketing packages and fully managed sales or lettings.

We advertise your property to a broad audience, ensuring maximum exposure and interest from potential buyers or tenants.

And rest assured, with Hunters Southampton, you only pay when we're successful. Our proactive approach means we're dedicated to getting you the best results for your property and our customer agree.

We are proud to have received 4.7 stars on Google Reviews, and are the recipients for the 4th time of the Gold award for Lettings from the British Property Awards.

So whether you're looking to buy, sell, or let in Southampton, trust Hunters Estate Agents to guide you every step of the way.

Contact us today to book your free valuation and start your property journey with confidence.

Notes

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Disclaimer - Property reference 33976430. 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 Hunters, 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.

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