16 High Street, Hythe, Southampton, Hampshire, SO45 6AH
- PROPERTY TYPE
Retail Property (high street)
- SIZE
Ask agent
Description
**For Sale By Public Auction 25th November 2026 11:00 AM To inspect the legal documents for this property go to our website to download the legal pack**
A Mid Terrace Building Arranged to Provide a Ground Floor Commercial Unit Let Producing £12,000 Per Annum (Reflecting a Gross Initial Yield of 10.4% on the Guide Price) and a First Floor Flat (Sold Off on a Long Lease).
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Domino's Pizza, Waitrose and Boots. The open spaces of Hythe Pier are within easy reach. Transport links are provided by Beaulieu Road rail station.
Description
The property comprises a mid terrace building arranged to provide a ground floor commercial unit and a first floor flat (sold off). The shop benefits from front and rear access.
Accommodation
Ground Floor
Commercial Unit
Kitchen
WC
G.I.A Approx 58 sq m
First Floor
Flat - Not Inspected
Exterior
The property benefits from one parking space to the rear.
Tenancy
The ground floor unit is subject to a lease for a term of 5 years commencing 1st November 2026 at a rent of £1,000 per calendar month. We understand the current rent is £800 per calendar month for the first 3 months of the agreement.
The first floor flat is sold off on a long lease at peppercorn ground rent. Please refer to the legal pack for further information.
Viewing Appointments to be Confirmed
Energy Performance Certificates
EPC 116 High Street, Hythe, Southampton, Hampshire, SO45 6AH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Woolston Station2.2 miles
- Sholing Station2.4 miles
- Netley Station2.5 miles
About Auction House London, Hampstead
5 Hampstead Gate, 1A Frognal, Hampstead, London, NW3 6AL
Notes
Disclaimer - Property reference 376736. 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 Auction House London, Hampstead. 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 Auction House London, Hampstead on 020 3897 6030.
*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.”