High Street Retail Property for sale

Romsey Road, Shirley, Southampton, Hampshire, SO16 4BZ, GB


£1,800,000
S.O.A.

Features

  • 11/13 units currently let
  • 12no. apartments to upper floors
  • Current annual income of £108,300
  • Freehold title
  • Ground floor retail unit (3,472sqft)
  • Three storey corner property

Description

investment in SO16

FOR SALE BY ONLINE AUCTION: terms and conditions apply.
We are pleased to offer to auction this huge investment portfolio, excellently located on a prominent corner position on Romsey Road, Shirley, Southampton. The property comprises a 3,472sqft retail unit to the ground floor, with 12no. residential apartments (10x 2 bed, 2x 1 bed) to the first and second floors. Currently, the retail unit and 10 out of 12 flat are tenanted, generating a rental income of £108,300 per annum (with potential for roughly £125,000pa when fully let).
Please note we have not inspected this property.

Categories

High Street Retail Property
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Property reference
d0a2c04f7d585e5cb0bf42ae3a006a59