82d Bedford Place, Southampton, SO15 2BX
- PROPERTY TYPE
Retail Property (high street)
- SIZE
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Key features
- Freehold Retail Investment Trading as a Japanese Restaurant
- Current Rent £16,300 per annum
- Asset management opportunity
- Three floor terraced building
- Upper floors sold on long leases
- Gross Initial Yield 10.86 % on Guide
- By order of the Fixed Charge Receivers
Description
StrapLine
Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold Retail Investment trading as Nara Restaurant
Current Rent £16,300 per annum.
Three floor end of terrace building, upper floors sold on long leases
Gross Initial Yield 10.86 % on Guide
Location
The property is located in the heart of Southampton, approximately a mile from the city centre and within easy reach of local shops, restaurants and cafés.
Open green space can be found nearby with Watts Park and East Park less than half a mile away.
Transport is convenient, with several bus routes serving the nearby city centre and surrounding areas.
Southampton Central railway station is also within close proximity, providing train connections to destinations across the region and beyond.
Transport
National Rail - Southampton Central (CrossCountry, GWR, South Western Railway & Southern)
Tenancy
Let on a 15 year lease from 10/10/2014 at a rental of £15,500 per annum. Rent reviews are every 5 years.
The upper floors have been sold off on four long leases each for a term of 125 years commencing 22/01/2007, each with a ground rent payable of £200 per annum.
Accommodation
Ground floor - Restaurant area, Kitchen, Wc
Approximate area 125.92 sq m (1,355 sq ft)
The property has not been internally inspected by the auctioneers, dimensions are from a previous valuation report, interested parties must rely on their own enquiries.
82d Bedford Place, Southampton, SO15 2BX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southampton Central Station0.5 miles
- St. Denys Station1.1 miles
- Millbrook Station1.2 miles
Notes
Disclaimer - Property reference 243-24813. 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.”