Commercial property for sale in Southampton

The property comprises a ground floor Class E premises currently trading as a café with two, two-bedroom flats provided above, and to the rear of the café. To the rear of the property is a garden and large shed with potential, subject to planning and all necessary consents being obtained. The estimated rental value for the shop is £15,000 pax. The current passing rents for the flats are: Flat Above £800 per calender month Rear Flat £700 per calender month In our opinion there is scope in increase the rents on the flats, to produce a combined annual rent of approximately £25,000 plus the café at £15,000 pa (total £40,000 pa). No parking is provided to the property. The property is situated within Southampton, a major regional port and hub for commercial activity and forms part of the ever expanding south coast conurbation between the cities of Bournemouth in the west and Portsmouth to the east. Southampton benefits from excellent transport communications with easy access to the M27, and M3 motorways in addition to ferry services and travel via Southampton Airport. The property is situated on the junction of the Bitterne Park Triangle and, occupies a prominent position opposite the Cobden Bridge. The property is positioned a short distance from Portswood and St. Denys Train Station. Rare Freehold Sale Mixed Use Property Two Flats Let on ASTs Ground Floor Café Vacant B (45)

Commercial property for sale in Southampton, England

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