Guide price
£295,000
(£472.00/sq. ft)
Leisure/hospitality for salePirelli Way, Eastleigh SO50
625 sq. ft
EPC Rating: C
About this property
See attached particulars - This is a Mixed Use Investment Sale.
The building is located amongst several similar modern properties each providing a ground floor office / retail unit plus a well-proportioned 3-bedroom, 2-bathroom maisonette on the first and second floors.
This attractive modern three storey building is conveniently located close to Eastleigh town centre, and approached via Leigh Road and Nutbeem Road, allowing quick and easy access to the M3 and M27 motorways, and therefore further a-field via the national motorway network.
Southampton International Airport, Parkway Mainline station, and Junction 5 of the M27/M3 are within about five minutes travelling time, with Southampton City Centre approximately
8 miles to the South West.
9 Pirelli Way; Commercial:
The ground floor commercial unit is approached via a personnel door within the fully glazed frontage, leading directly into the main reception area. The suite has been fully refurbished by the present tenant who took occupation in October.
Amenities include recently fitted wood laminate flooring, gas fired central heating, fluorescent lighting, a fitted kitchen, and a private/disabled toilet. There is on-site parking for one car. Additionally, there is free local parking.
The total floor area amounts to approximately 625 square feet, measured on a net internal basis.
11 Pirelli Way; Residential:
The maisonette is accessed to the rear of the building having its own private entrance at first floor level. The accommodation is arranged as three bedrooms (one with en-suite), together with a further bathroom and toilet on the second floor, plus a well fitted kitchen and a bright and spacious reception on the first floor.
Floor Areas:
The approximate dimensions of the maisonette are as follows:
Bedroom 1: 11/9” x 8/3”
En-suite bathroom: 4/6” x 8/0”
Bedroom 2: 8/9” x 6/0”
Bedroom 3: 10/6” x 8/0”
Bathroom: 5/9” x 6/3”
Kitchen: 9/9” x 7/3”
Reception: 11/3” x 10/6”
Tenure:
Freehold.
Commercial: The lease was granted in October 2025 for a term of 6 years, on an Fri basis, subject to a tenant's lease break option at the end of the third year. 6 months rent deposit held.
The rent is £8,000 per annum payable quarterly in advance, no VAT, and is subject to a rent review at the end of the third year. The tenants pay all local rates and a contribution towards the landlord's maintenance and insurance of the building.
Residential:
Held on an Assured Shorthold Tenancy from July 2025 for 12 months.
The rent is £1,000 per month (£12,000 pa.), The tenants pay all council taxes and a contribution towards the maintenance and insurance of the
building.
Rates:
Commercial: According to enquiries of the
Valuation Office the Rateable Value is £7,600.00. Expect to pay 49.9 in £, or
£3,792.40 per annum currently.
Residential:
According to enquiries of the Valuation Office the Council Tax applicable is Band B - £1,740.03 per annum currently.
Price:
Offers in excess of £295,000.
Legal costs:
Each party will bear their own legal costs.
The building is located amongst several similar modern properties each providing a ground floor office / retail unit plus a well-proportioned 3-bedroom, 2-bathroom maisonette on the first and second floors.
This attractive modern three storey building is conveniently located close to Eastleigh town centre, and approached via Leigh Road and Nutbeem Road, allowing quick and easy access to the M3 and M27 motorways, and therefore further a-field via the national motorway network.
Southampton International Airport, Parkway Mainline station, and Junction 5 of the M27/M3 are within about five minutes travelling time, with Southampton City Centre approximately
8 miles to the South West.
9 Pirelli Way; Commercial:
The ground floor commercial unit is approached via a personnel door within the fully glazed frontage, leading directly into the main reception area. The suite has been fully refurbished by the present tenant who took occupation in October.
Amenities include recently fitted wood laminate flooring, gas fired central heating, fluorescent lighting, a fitted kitchen, and a private/disabled toilet. There is on-site parking for one car. Additionally, there is free local parking.
The total floor area amounts to approximately 625 square feet, measured on a net internal basis.
11 Pirelli Way; Residential:
The maisonette is accessed to the rear of the building having its own private entrance at first floor level. The accommodation is arranged as three bedrooms (one with en-suite), together with a further bathroom and toilet on the second floor, plus a well fitted kitchen and a bright and spacious reception on the first floor.
Floor Areas:
The approximate dimensions of the maisonette are as follows:
Bedroom 1: 11/9” x 8/3”
En-suite bathroom: 4/6” x 8/0”
Bedroom 2: 8/9” x 6/0”
Bedroom 3: 10/6” x 8/0”
Bathroom: 5/9” x 6/3”
Kitchen: 9/9” x 7/3”
Reception: 11/3” x 10/6”
Tenure:
Freehold.
Commercial: The lease was granted in October 2025 for a term of 6 years, on an Fri basis, subject to a tenant's lease break option at the end of the third year. 6 months rent deposit held.
The rent is £8,000 per annum payable quarterly in advance, no VAT, and is subject to a rent review at the end of the third year. The tenants pay all local rates and a contribution towards the landlord's maintenance and insurance of the building.
Residential:
Held on an Assured Shorthold Tenancy from July 2025 for 12 months.
The rent is £1,000 per month (£12,000 pa.), The tenants pay all council taxes and a contribution towards the maintenance and insurance of the
building.
Rates:
Commercial: According to enquiries of the
Valuation Office the Rateable Value is £7,600.00. Expect to pay 49.9 in £, or
£3,792.40 per annum currently.
Residential:
According to enquiries of the Valuation Office the Council Tax applicable is Band B - £1,740.03 per annum currently.
Price:
Offers in excess of £295,000.
Legal costs:
Each party will bear their own legal costs.
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£1,475 per month
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