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1/2

Scrivens, 6 High Street, Hythe, Southampton

Guide price

£170,000

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
  • Retail Unit and Upper Parts
  • Let to Scrivens
  • 10 Year Lease Expiring 05.08.2028
  • Asset Management Potential Via Outstanding Rent Review
  • Prominent Pedestrianised Pitch
  • Investment Let at £20,000 p.a. (11.76% GIY on Guide Price)

Description

The property comprises a high yielding retail investment occupying a prominent pedestrianised pitch.

Arranged across ground and first floors, the property is fully let to Scrivens Limited on a 10 year lease expiring 05.08.2028 and paying £20,000 per annum.

We consider the property may offer asset management potential via the outstanding rent review from 2023.

The property occupies a prominent pitch fronting the pedestrianised High Street. The surrounding area is characterised by a mix of local and national occupiers including Superdrug, Boots and Costa.
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

Scrivens, 6 High Street, Hythe, Southampton

NEAREST STATIONS

National Rail

Woolston Station

2.21 miles

National Rail

Sholing Station

2.37 miles

National Rail

Netley Station

2.51 miles

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Disclaimer - Property reference B3DF64B6-80B8-48D6-B60F-E84A0E123EE8. 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 National , Savills Auctions- Commercial. 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.