Guide price
£150,000
Retail premises for sale41-43 Northam Road, Southampton, Hampshire SO14
Just added
Auction
Freehold
About this property
Guide Price = £150,000+
**For Sale By Public Auction 28th January 2026 02:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**
A Mid Terrace Mixed Use Building Arranged to Provide Two Ground Floor Retail Units and Twelve Studio Flats Understood to be Let Producing £80,364 Per Annum
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Hoglands Park are within easy reach. Transport links are provided by Southampton Central rail station.
Description
The property comprises a mid terrace mixed use building arranged to provide two ground floor retail units and twelve studio flats on the remaining floors.
Accommodation
Lower Ground Floor
Four Studio Flats
Ground Floor
Two Retail Units
Raised Ground Floor
Four Studio Flats
First Floor
Four Studio Flats
Tenancy
The shop is subject to a commercial lease agreement for a term of 36 months commencing 01/04/2024 at a rent of £217 pcm. The twelve flats are subject to a residential lease agreement from 30/04/2024 at a rent of £540 pcm per flat. The auctioneers are unable to verify the validity of the leases and if the rent is being paid and buyers are required to do their own due diligence.
**For Sale By Public Auction 28th January 2026 02:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**
A Mid Terrace Mixed Use Building Arranged to Provide Two Ground Floor Retail Units and Twelve Studio Flats Understood to be Let Producing £80,364 Per Annum
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Hoglands Park are within easy reach. Transport links are provided by Southampton Central rail station.
Description
The property comprises a mid terrace mixed use building arranged to provide two ground floor retail units and twelve studio flats on the remaining floors.
Accommodation
Lower Ground Floor
Four Studio Flats
Ground Floor
Two Retail Units
Raised Ground Floor
Four Studio Flats
First Floor
Four Studio Flats
Tenancy
The shop is subject to a commercial lease agreement for a term of 36 months commencing 01/04/2024 at a rent of £217 pcm. The twelve flats are subject to a residential lease agreement from 30/04/2024 at a rent of £540 pcm per flat. The auctioneers are unable to verify the validity of the leases and if the rent is being paid and buyers are required to do their own due diligence.
Mortgage calculator
Monthly repayment
£750 per month
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