Bitterne Road, Bitterne Village, Southampton, Hampshire, SO18
£575,000
£182.37 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,153 sq ft
293 sq m
- SECTOR
High street retail property for sale
Key features
- For Sale – part-let mixed-use investment
- Freehold guide price - £575,000 stc
- Asset-management opportunity, rent roll currently £24k pa
- Total ERV c. £57.5k, reversionary gross yield of 10%
- Vacant retail unit of approximately 1,875 sq ft / 174 sq m
- Two first-floor residential units, totalling 1,280 sq ft / 119 sq m
- Double-width shop (could potentially be split)
- Highly-visible location in pedestrianised shopping precinct
- Close to Sainsbury’s, Betfred, Greggs, Pure Gym, Specsavers and Boots Opticians
- No VAT payable
Description
FOR SALE – £575,000 STC | MIXED-USE FREEHOLD INVESTMENT
Part-let investment opportunity with current rental income of £24,000 pa and potential total ERV of c.£57,500 pa, offering a reversionary gross yield of 10%. Includes two income-producing flats and a vacant 1,875 sq ft double-width retail unit, potentially divisible into two units. Prominent pedestrianised Bitterne Village location, close to major retailers. Attractive asset-management opportunity. No VAT payable.
DESCRIPTION
A part-let freehold mixed-use investment occupying a highly visible position within Bitterne Village’s pedestrianised shopping precinct, offered for sale at a guide price of £575,000 subject to contract. The property comprises a vacant double-width ground floor retail unit extending to approximately 1,875 sq ft (174 sq m), with potential to subdivide into two units, subject to any necessary consents, together with two first-floor residential flats comprising one one-bedroom and one two-bedroom unit, both generating rental income. The current rent roll is approximately £24,000 per annum, with a potential total ERV of circa £57,500 per annum, representing a reversionary gross yield of approximately 10%. The property offers an attractive asset-management opportunity, with scope to secure new commercial tenants and enhance overall income. No VAT is payable.
SITUATION
Located within a pedestrianised retail precinct / shopping centre with nearby occupiers including Sainsbury’s, Betfred, Greggs, PureGym, Specsavers and Boots Opticians, with public car parking available in Peartree Gardens Car Park. Bitterne is well connected to Southampton and the wider region via the surrounding road network, with convenient access to the A3024 and onward connections to the M27 motorway. Southampton city centre and its wider commercial, retail and transport facilities are accessible by road and public transport. The location benefits from regular bus services linking Bitterne with Southampton city centre and surrounding districts, while Bitterne railway station is under 1-mile away on foot.
ACCOMMODATION
A measured survey of the commercial unit was undertaken which identified an approximate area of 174 sq m / 1,875 sq ft with residential units of 53 sq m (1-bedroom) and 66 sq m (2-bedroom) giving a building size of 293 sq m / 3,153 sq ft.
TENURE
Offers are sought for the freehold interest in the region of £575,000 subject to contract and to include any subsisting tenancies.
RATEABLE VALUE
Online enquiry via indicates a rateable value of £32,750 effective from 1st April 2026 on the commercial unit, and the residential units are in Council Tax Band A.
LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in any transaction. The property is not elected for VAT purposes.
EPC RATING
To be provided.
VIEWINGS
All enquiries and appointments to view must be made via sole agent Trinity Rose Commercial on .
Part-let investment opportunity with current rental income of £24,000 pa and potential total ERV of c.£57,500 pa, offering a reversionary gross yield of 10%. Includes two income-producing flats and a vacant 1,875 sq ft double-width retail unit, potentially divisible into two units. Prominent pedestrianised Bitterne Village location, close to major retailers. Attractive asset-management opportunity. No VAT payable.
DESCRIPTION
A part-let freehold mixed-use investment occupying a highly visible position within Bitterne Village’s pedestrianised shopping precinct, offered for sale at a guide price of £575,000 subject to contract. The property comprises a vacant double-width ground floor retail unit extending to approximately 1,875 sq ft (174 sq m), with potential to subdivide into two units, subject to any necessary consents, together with two first-floor residential flats comprising one one-bedroom and one two-bedroom unit, both generating rental income. The current rent roll is approximately £24,000 per annum, with a potential total ERV of circa £57,500 per annum, representing a reversionary gross yield of approximately 10%. The property offers an attractive asset-management opportunity, with scope to secure new commercial tenants and enhance overall income. No VAT is payable.
SITUATION
Located within a pedestrianised retail precinct / shopping centre with nearby occupiers including Sainsbury’s, Betfred, Greggs, PureGym, Specsavers and Boots Opticians, with public car parking available in Peartree Gardens Car Park. Bitterne is well connected to Southampton and the wider region via the surrounding road network, with convenient access to the A3024 and onward connections to the M27 motorway. Southampton city centre and its wider commercial, retail and transport facilities are accessible by road and public transport. The location benefits from regular bus services linking Bitterne with Southampton city centre and surrounding districts, while Bitterne railway station is under 1-mile away on foot.
ACCOMMODATION
A measured survey of the commercial unit was undertaken which identified an approximate area of 174 sq m / 1,875 sq ft with residential units of 53 sq m (1-bedroom) and 66 sq m (2-bedroom) giving a building size of 293 sq m / 3,153 sq ft.
TENURE
Offers are sought for the freehold interest in the region of £575,000 subject to contract and to include any subsisting tenancies.
RATEABLE VALUE
Online enquiry via indicates a rateable value of £32,750 effective from 1st April 2026 on the commercial unit, and the residential units are in Council Tax Band A.
LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in any transaction. The property is not elected for VAT purposes.
EPC RATING
To be provided.
VIEWINGS
All enquiries and appointments to view must be made via sole agent Trinity Rose Commercial on .
Brochures
Bitterne Road, Bitterne Village, Southampton, Hampshire, SO18
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bitterne Station0.7 miles
- Sholing Station1.2 miles
- Woolston Station1.3 miles
About Trinity Rose Commercial, Chandler's Ford
First Floor, Trinity House, 123 Winchester Road, Chandler's Ford, Hampshire, SO53 2DRNotes
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