This property is no longer on the market
Retail property (high street)
Property description & features
- Freehold Class E investment/possible development opportunity.
- Eastleigh Town Centre
- Vacant ground floor shop to be let
- First floor flat let on AST. Possible car park development.
- Rental income currently £11,400 pa from the flat
- Price £325,000
- No VAT
No 5 is also for sale so a disposal of the two properties as a package will be considered.
ACCOMMODATION
Ground Floor Shop
Net Sales area - 678 sq ft
ITZA 506 sq ft
Rear Lobby
WC and rear access
First Floor
Self contained flat comprising living room, kitchen, bathroom and two double bedrooms.
Rear car parking may provide scope for and extension for further development, perhaps for more residential accommodation.
LEASE TERMS
The ground floor shop is currently vacant and ready for letting. A new WC need to be installed.
The flat is let on a 12 month AST from 1/9/2022 at a rent of £950 per month.
PRICE
£325,000 for the freehold subject to the subsisting AST. No VAT payable.
EPC – being re-assessed.
LEGAL COSTS
Each party is expected to bear their own legal costs in any transaction.
VIEWINGS
Strictly by appointment with sole agents Trinity Rose Commercial – please contact Jeremy Braybrooke on[use Contact Agent Button] or [use Contact Agent Button]
The building occupies an excellent retailing position in the centre of Eastleigh with on street car parking immediately outside the door. Nearby retailers include Coffee #1, Sainsbury, HSBC, Lloyds, Boots and all the local and multiple shops of Market Street.
Property information from this agent
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