£740,000

Retail premises for sale

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Just added

Guide price

£740,000

(£247.74/sq. ft)

Retail premises for sale

Commercial Road, Totton SO40

2,987 sq. ft

Local area information

Property location

Nearby amenities

  • Totton 0.3 miles
  • Lydlynch Infant School 0.4 miles
  • Forest Park School (SEN) 0.4 miles
  • Redbridge 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold double shop and 5 flats
  • Ground floor retail unit of 778 sq ft
  • 4 Studio flats of 419 sq ft each and a 1 bedroom flat of 688 sq ft
  • Ground floor double retail unit let to Solar Hut Ltd on a term of 10 years (tbo
  • Flats all let on AST's to individual tenants, with a rent deposit held
  • Commercial passing rent of £14,950 p.a. & Residential passing rent of £46,920
Description

- Freehold double shop and 5 flats
- Ground floor retail unit of 778 sq ft
- 4 Studio flats of 419 sq ft each and a 1 bedroom flat of 688 sq ft
- Newly refurbished

Tenancy

- Ground floor double retail unit let to Solar Hut Ltd on a term of 10 years (tbo 5th year)
- Flats all let on AST's to individual tenants, with a rent deposit held
- Commercial passing rent of £14,950 p.a.
- Residential passing rent of £46,920 p.a.
- Total rental income of £61,870 p.a.

Location

- Prominently situated on Commercial Road in the heart of Totton's retail centre, benefitting from strong pedestrian and vehicular visibility
- Totton is a busy commuter town on the western edge of Southampton, providing easy access to the city centre and the wider South Coast

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Prideview Group. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Prideview Group for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Southampton
  4. New Forest
  5. Totton
  6. Commercial Road