1/4
Investment For Sale Southampton
PROPERTY ID: 139353
PROPERTY TYPE
Investment
STATUS
Available
SIZE
3,124 sq.ft
Key Features
Property Details
An Excellent Opportunity To Acquire A Well Located Mixed-use Investment Comprising A Ground Floor Retail Unit Let To A Highly Established Tenant, Alongside A First Floor Residential Development Opportunity With Significant Value-add Potential.
The Ground Floor Is Let To Landmark Entertainments Ltd, Trading As Richmond Leisure, A Long-standing Adult Gaming Centre Operator Who Have Traded From The Premises For Over 35 Years. The Tenant Will Enter Into A New 15-year Fri Lease (tenant Break At Year 10) At An Initial Rent Of £27,000 Per Annum, With 5-yearly Upward Only Rent Reviews. A Rent Deposit Will Be Provided, And Strong Full Company Accounts Are Available Upon Request.
The First Floor Is Currently Arranged As A Spacious 2-bedroom Flat To The Front And Office Accommodation To The Rear. A Planning Process Initiated In 2019 Proposed Reconfiguration Of The Upper Parts To Create 2 X 1-bedroom Flats And 2 X Studio Flats. Architect's Plans And Historic Planning Documents Are Available Upon Request. Once Developed, The Flats Are Anticipated To Generate A Rental Income In Excess Of £36,500 Per Annum.
Subject-to-planning Offers Will Be Considered.
About the Agent
Keygrove Chartered Surveyors
See Agent's Other PropertiesInvestment Unit
£635,000 Freehold
112 Shirley High Street, Southampton, SO16 4EZ
Investment -
Available
3,124 sq ft
290 sqm
Enquiry Form
Similar to this property
£1490000 Freehold
Southampton, SO40 3AE
Investment
£380000 Freehold
Southampton, SO14 5GZ
Investment
£220000 Freehold
Chandler's Ford, SO53 2GG
Investment
£320000 Freehold
Winchester, SO21 2BN
Investment
£1900000 Freehold
Winchester, SO22 4JQ
Investment
POA
Winchester, SO23 9ES
Investment
£795000 Freehold
Wickham, PO17 5JN
Investment
£1000000 Freehold
Winchester, SO23 8UT
Investment
£1600000 Freehold
Winchester, SO23 9AY
Investment
£1350000 Freehold
Winchester, SO23 9AY
Investment
£340000 Freehold
Winchester, SO23 7BZ
Investment
POA
Winchester, SO23 7TA
Investment
£300000 Freehold
Fareham, PO14 3QE
Investment
£175000 Freehold
Fareham, PO16 0EN
Investment
£170000 Freehold
Fareham, PO16 0EP
Investment
£1300000 Freehold
Fareham, PO16 7AW
Investment
£89000 Freehold
Lymington, SO41 8GN
Investment
£64850 Freehold
Fordingbridge, SP6 1AJ
Investment
£280000 Freehold
Fordingbridge, SP6 1AA
Investment
£750000 Freehold
Portsmouth, PO6 4RJ
Investment
POA
Portsmouth, PO2 8FA
Investment
£270000 Freehold
Christchurch, Dorset, BH23 3PE
Investment
£350000 Freehold
Christchurch, BH23 1BW
Investment
£750000 Freehold
Christchurch, BH23 2HB
Investment
£2500000 Freehold
Havant, PO9 1HB
Investment
POA
Ryde, PO33 1YB
Investment
£215000 Freehold
Wimborne, BH21 7QL
Investment
£75000 Freehold
Bournemouth, BH8 9QT
Investment
£160000 Freehold
Emsworth, PO10 7AG
Investment
£600000 Freehold
Bournemouth, BH9 2DF
Investment
£185000 Freehold
Bournemouth, BH1 4BE
Investment
£140000 Freehold
Bournemouth, BH8 9QS
Investment
£185000 Freehold
Bournemouth, BH8 8AS
Investment
£210000 Freehold
Bournemouth, BH9 2HH
Investment
£148500 Freehold
Bournemouth, BH11 8PN
Investment
£750000 Freehold
Bournemouth, BH2 5PW
Investment
£1700000 Freehold
Andover, SP11 9DD
Investment
£150000 Freehold
Bournemouth, BH4 9BG
Investment
£650000 Freehold
Poole, BH12 1DW
Investment
£375000 Freehold
Basingstoke, RG21 7NT
Investment
£320000 Freehold
Basingstoke, RG24 8GT
Investment
£850000 Freehold
Newbury, RG14 1AS
Investment
£1000000 Freehold
Newbury, RG14 1JX
Investment