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Commercial Road, Southampton, Hampshire, SO40

Guide Price
£740,000

£235.52 per sq ft

Business rates & charges may apply

Prideview Group, Middlesex
SIZE AVAILABLE

3,142 sq ft

292 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops and Class E

A1, E

Key features

  • Freehold double shop and 5 flats
  • Ground floor retail unit of 778 sq ft
  • 4 Studio flats of 419 sq ft each and a 1 bedroom flat of 688 sq ft
  • Ground floor double retail unit let to Solar Hut Ltd on a term of 10 years (TBO 5th year)
  • Flats all let on AST's to individual tenants, with a rent deposit held

Description

Description

- Freehold double shop and 5 flats
- Ground floor retail unit of 778 sq ft
- 4 Studio flats of 419 sq ft each and a 1 bedroom flat of 688 sq ft
- Newly refurbished

Tenancy

- Ground floor double retail unit let to Solar Hut Ltd on a term of 10 years (TBO 5th year)
- Flats all let on AST's to individual tenants, with a rent deposit held
- Commercial passing rent of £14,950 p.a.
- Residential passing rent of £46,920 p.a.
- Total rental income of £61,870 p.a.


Location

- Prominently situated on Commercial Road in the heart of Totton's retail centre, benefitting from strong pedestrian and vehicular visibility
- Totton is a busy commuter town on the western edge of Southampton, providing easy access to the city centre and the wider South Coast

Commercial Road, Southampton, Hampshire, SO40

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Totton Station0.3 miles
  • Redbridge (Southampton) Station0.8 miles
  • Millbrook Station2.4 miles

About Prideview Group, Middlesex

Prideview Place, 43 Church Road Stanmore HA7 4AA

The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.

We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.

We work closely with numerous propcos, traders, agents and vendors both off-market and via auction to deliver quality investment opportunities as well as a unique disposals service.

Each year we also host the biggest cricket day in the industry, The Prideview Cricketers' Cup, with all proceeds going to charity.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference Southampton. 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 Prideview Group, Middlesex. 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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