Investment for sale Southampton SO15 3NJ,2694sq ft

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Investment

Investment For Sale Southampton

PROPERTY ID: 128514

PROPERTY TYPE

Investment

STATUS

Available

SIZE

2,694 sq.ft

Key Features

Prominent position on popular high street

Let to Merkur Slots UK Limited

14.5 Years Unexpired Term

Income Currently £45,000 per annum.

Property Details

Shirley is a busy secondary retail location in Southampton and Shirley High Street is the main retail thoroughfare. Southampton city centre is within 1.5 miles and Southampton central railway station is within 1 mile. The shop is located at the start of Shirley High Street with return frontage to Howards Grove. It is surrounded by national occupiers including Savers, Lidl, Boots and Nationwide.

A Ground Floor Retail Shop With First Floor Ancillary Staff And Meeting Rooms. The Property Has Been Refurbished To Suit The Current Tenant Branding And Includes Carpeted Flooring, Led Lighting, Air Conditioning. There Are Customer And Staff Wc's And A Staff Kitchen On The First Floor. There Is Private Office Space And Additional Meeting Space. The Property Benefits From A Fully Repairing And Insuring Lease Dated 9th August 2023 To Merkur Slots Uk Limited For A Term Of 15 Years At A Current Rent Of £45,000 Per Annum. There Is A Break Clause In August 2028 Which Is Subject To A Break Penalty If Exercised. A Copy Of The Lease Is Available On Request.

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About the Agent

Keygrove Chartered Surveyors

See Agent's Other Properties

Investment Unit

£650,000 Freehold

1 Shirley High Street, Southampton, SO15 3NJ

Investment - Available
2,694 sq ft
250 sqm

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