399 Shirley Road, Southampton, Hampshire, SO15
Size
2,120
Tenure
Freehold
EPC
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Parking
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- Primary use
- Mixed use
No floor / site plan
Key features
- Comprises 1 x Retail Shop, 1 x 2-Bed and 5 x Studio Flats
- VAT is NOT applicable to this property
- Situated right opposite a bus station that offers direct transportation links to Southampton City Centre via bus.
- Nearby occupiers include McDonalds, Halifax, Lidl, The Gym Group, Pharmacy, Barbers and Restaurants, amongst others.
Description
Rental Income: £56,560 p.a. + 2 vacant studio flats
ERV: £75,640 p.a. GIY: 8.90%
VAT is NOT applicable to this property
Comprises 1 x Retail Shop, 1 x 2-Bed and 5 x Studio Flats
Total retail area: 45 sq m (484 sq ft)
Total residential area: 152 sq m (1,636 sq ft)
Situated right opposite a bus station that offers direct transportation links to Southampton City Centre via bus.
Nearby occupiers include McDonalds, Halifax, Lidl, The Gym Group, Pharmacy, Barbers and Restaurants, amongst others.
Property Description:
Mid-terrace building comprising 1 x Retail Shop, 1 x 2-Bed Flat and 5 x Studio Flats. The residential flats have been newly developed/converted in 2022 to a high standard, providing the following accommodation and dimensions:
Ground Floor:
Shop - 45 sq m (484 sq ft)
Rear Ground Floor:
Studio 1 - 17 sq m (183 sq ft)
Double bed, Kitchen, Bathroom
Studio 2 - 17 sq m (183 sq ft)
Double bed, Kitchen, Bathroom
Studio 3 - 17 sq m (183 sq ft)
Double bed, Kitchen, Bathroom
First Floor:
Studio B - 26 sq m (280 sq ft)
Double bed, Kitchen, Bathroom
Studio C - 22 sq m (237 sq ft)
Double bed, Kitchen, Bathroom
Second Floor:
Flat A - 53 sq m (570 sq ft)
2 Bedrooms, Kitchen, Living Room, Bathroom
Tenancy:
The ground floor shop is at present let to an Individual t/a Nail Salon for a term of 15 years from 6th May 2026 at a current rent of £16,000 per annum and the lease contains full repairing and insuring covenants. Rent review every 5 years linked to RPI. Tenant option to determine in 5th year only with minimum 6 months notice. Deposit held of £4,000.
Studio 1 is at present vacant. ERV: £9,720 p.a.
Studio 2 is at present let on AST to and Individual for a term of 12 Months from 5th December 2025 at a current rent of £9,480 p.a. Deposit held of £800.
Studio 3 is at present let on AST to and Individual for a term of 12 Months from 27th December 2025 at a current rent of £8,880 p.a. Deposit held of £853.
Studio B is at present vacant. ERV: £9,360 p.a.
Studio C is at present let on AST to and Individual for a term of 6 Months from 17th December 2025 at a current rent of £8,400 p.a. Deposit held of £778.
Flat A is at present let to an Individual for a term of 6 Months from 30th August 2025 at a current rent of £13,800 p.a. Deposit held of £1,326.
Location:
Shirley is a broad district and a former village on the western side of Southampton, England. Shirley's main roles are retailing and residential. It is the most important suburban shopping area in the west of the city. The property is situated right opposite a bus station that offers direct transportation links to Southampton City Centre. Occupiers nearby including McDonalds, Halifax, Lidl, The Gym Group, Pharmacy, Barbers and Restaurants, amongst others.
- Service charge
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- Business rates
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- Use class
- C3, E
- Listed building
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- Floors in building
- 3
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
399 Shirley Road, Southampton, Hampshire, SO15
About BLUE ALPINE PARTNERS LIMITED, London
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.
We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.
Together, we unlock potential.
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