£400,000

Retail premises for sale

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£400,000

(£82.34/sq. ft)

Retail premises for sale

425-427 Shirley Road, Southampton, Hampshire SO15

4,858 sq. ft

Local area information

Property location

Nearby amenities

  • Foundry Lane Primary School 0.2 miles
  • Wordsworth Primary School 0.3 miles
  • Millbrook (Hants) 0.6 miles
  • Southampton Central 1.2 miles

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

Features and description

  • Substantial Former Bank with Large Car Park at Rear
  • Requires Substantial Refurbishment/ Development due to Fire Damage
  • Alternative Use Potential & Residential Development Subject to Planning
  • Whole Site Area 0.29 Acres
  • 22 Allocated Parking Spaces
  • Building 4,858 Sqft (451.31 Sq M)
Description

This property offers easy access to the popular shopping area of Shirley High Street, providing amenities such as supermarkets, local convenience stores and popular places to eat and drink. The site benefits from excellent public transport links including rail travel from Southampton Central Station and Millbrook train station, along with regular bus routes leading into Southampton City Centre. For those travelling by car, the M3 can be accessed through Winchester Road and Bassett Avenue and the M27 can be accessed via Millbrook Road, leading onto the M271.
The property is situated close to the junction of Shirley Road & Shirley Avenue. The car park is accessed via Shirley Avenue and provides rear access to the property with 22 allocated spaces.

We draw to your attention the fact this property has been significantly fire damaged and is sold as seen. It is likely only cash buyers or buyer's with pre agreed development/bridging finance agreed.

Accommodation

Ground Floor 3,149 Sq Ft 292.55 Sq M
First Floor 949 Sq Ft 88.16 Sq M
Second Floor 760 Sq Ft 70.60 Sq M
Total Net Internal Area 4,858 Sq Ft 451.31 Sq M

Planning

The previous use of the property was a bank. Offers are sought un-conditional on planning.

EPC Text

Asset Rating Previous rating - C
Please note: Property is fire damaged and a development site this will be subject to works.

Rating

2025/26 Rating £37,500
Source

Terms

Unconditional offers sought in excess of £400,000 will be considered, subject to contract on an unconditional basis with vacant possession in current condition for the three freehold titles.
Note: It is understood VAT is not payable on rents.

All prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.

More information

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