Guide price
£740,000
(£247.74/sq. ft)
Retail premises for saleCommercial Road, Totton SO40
2,987 sq. ft
About this property
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
- 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
.png){kind=logo}