Shirley High Street, Southampton, Hampshire, SO16 4EZ

POA

Size

3,124

Tenure

Ask agent

EPC

Ask agent

Parking

Ask agent

Primary use
Mixed use
Other use(s)
Mixed use

Key features

  • New 15 Year Commercial Lease
  • Subject To Planning Offers Invited
  • Commercial Tenant Well Established For 35+ Years
  • First Floor: Large 2-Bed Flat and Offices with Conversion Potential

Description

An excellent opportunity to acquire a well-located mixed-use investment comprising a ground floor retail unit let to a highly established tenant, together with a first-floor residential development opportunity offering significant value-add potential.

The ground floor is occupied by Landmark Entertainments Ltd, trading as Richmond Leisure, a long-standing adult gaming centre operator which has traded from the premises for over 35 years. The tenant will enter into a new 15-year FRI lease, subject to a tenant break at Year 10, at an initial rent of £30,000 per annum. A rent deposit will be provided and strong full company accounts are available upon request.

The first floor is currently arranged as a spacious two-bedroom flat to the front, with office accommodation to the rear. The space offers potential for conversion and reconfiguration to provide a number of self-contained residential units, subject to planning. There is also potential to extend the first-floor over the existing flat roof to the rear, increasing the available floor area and scope of any future residential scheme.

Subject-to-planning offers are welcome and developers are encouraged to inspect the property to assess the development potential and establish the scheme that may be achievable.
Additional information
Service charge
Ask agent
Business rates
Ask agent
Use class
Ask agent
Listed building
Ask agent
Energy performance certificate: Ask agent

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

Read more about EPC requirements

Ask agent

Environmental data
BREEAM rating
Ask agent
Environmental description
Ask agent
Read more about energy considerations for commercial property

Brochure

Shirley High Street, Southampton, Hampshire, SO16 4EZ

NEAREST STATIONS

National Rail

Millbrook Station

0.81 miles

National Rail

Southampton Central Station

1.43 miles

National Rail

Redbridge (Southampton) Station

1.55 miles

About Keygrove Commercial Limited, Southampton

Keygrove Commercial Limited, Southampton

Keygrove is a well established and entirely independent firm of Chartered Surveyors specialising in commercial property, operating from a landmark building in Ocean Village, Southampton.

We offer Director level service with an emphasis on accountability. Our independent status allows us to tailor our services to our clients' needs whether starting from a 'blank sheet' or applying our skills and knowledge to an existing project.

We provide our services (see 'what we do' above) to landlords, tenants, investors, owner occupiers and property professionals across the commercial property sector; including offices, industrial, warehouse, retail, motor trade and development land. We do business locally, regionally and nationally with all sizes of organisation.

Your search history

You have no recent searches

Disclaimer - Property reference 1042FH. 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 Keygrove Commercial Limited, 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.