14 High Street, Southampton, Hampshire, SO14 2DF
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Tuesday 25 November
- Virtual Freehold Retail Investment
- Let to Coral Racing Limited expiring 17th December 2034
- Arranged over Ground and Basement
- Approx 3,199 sq ft
- Central Southampton location
- Investment let at £37,500 per annum (10.71% GIY on Guide Price)
Description
StrapLine
Auction Sale - 24/11/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteOf interest to investors
Virtual Freehold Retail Investment let to Coral Racing Limited expiring December 2034
Investment let at £37,500.00 pa
Description
The retail unit is arranged over ground floor and basement to provide a betting office with staff ancillary.
Location
The property is located in Southampton and is located in a prominent position on the High Street. Nearby occupiers include Lidl, Burger King, Tesco and a number of independent shops, cafes and restaurants.
Transport
National Rail- Southampton Central
Tenancy
The property is currently let to Coral Racing Limited on a full repairing and insuring (FR&I) lease expiring 17th December 2034, producing an income of £37,500.00 per annum. Break date- 17th December 2029.
Accommodation
Please note the approximate areas have been provided by the VOA/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Ground Floor- 1,942 sq ft
Basement- 1,257 sq ft
14 High Street, Southampton, Hampshire, SO14 2DF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southampton Central Station0.6 miles
- Woolston Station1.2 miles
- Millbrook Station1.5 miles
Notes
Disclaimer - Property reference 197-19680. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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