Dawkins & Lodge, 4 The Marsh, Hythe, Southampton

Guide price

£120,000

Auction

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Other

No floor / site plan

Key features

  • High Yielding Retail Investment
  • Ground Floor Retail Unit
  • Fully Let to Dawkins and Lodge Limited
  • 10 Year Lease Expiring 02.08.2029
  • Long Standing Occupier for 15+ Years
  • Asset Management Potential
  • Outstanding Rent Review from 2024
  • Forms Part of a Popular Parade
  • Investment Let at £15,500 p.a. (12.9% GIY on Guide Price)

Description

The property comprises a high yielding retail investment forming part of a popular local parade.

Arranged as a ground floor retail unit, the property is fully let to Dawkins and Lodge Limited on a 10 year lease expiring 02.08.2029 paying £15,500 per annum.

The tenant is a long standing occupier of 15+ years and we consider the property may offer asset management potential renewal. There may also be potential to improve rents, with the 2024 rent review outstanding.

The property occupies a prominent pitch and forms part of a popular parade fronting The Marsh in the retail heart of Hythe. the surrounding area is characterised by similar retail uses with a local and national occupiers.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Dawkins & Lodge, 4 The Marsh, Hythe, Southampton

NEAREST STATIONS

National Rail

Woolston Station

2.25 miles

National Rail

Sholing Station

2.41 miles

National Rail

Netley Station

2.54 miles

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