From
£150,000
Property for saleBedford Place, Southampton SO15
Auction
About this property
Freehold Retail Investment Trading as a Japanese Restaurant
Current Rent £16,300 per annum
Asset management opportunity
Three floor terraced building
Upper floors sold on long leases
Gross Initial Yield 10.86 % on Guide
By order of the Fixed Charge Receivers
Strapline
Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold Retail Investment trading as Nara Restaurant
Current Rent £16,300 per annum.
Three floor end of terrace building, upper floors sold on long leases
Gross Initial Yield 10.86 % on Guide
Location
The property is located in the heart of Southampton, approximately a mile from the city centre and within easy reach of local shops, restaurants and cafés.
Open green space can be found nearby with Watts Park and East Park less than half a mile away.
Transport is convenient, with several bus routes serving the nearby city centre and surrounding areas.
Southampton Central railway station is also within close proximity, providing train connections to destinations across the region and beyond.
Transport
National Rail - Southampton Central (CrossCountry, gwr, South Western Railway & Southern)
Tenancy
Let on a 15 year lease from 10/10/2014 at a rental of £15,500 per annum. Rent reviews are every 5 years.
The upper floors have been sold off on four long leases each for a term of 125 years commencing 22/01/2007, each with a ground rent payable of £200 per annum.
Accommodation
Ground floor - Restaurant area, Kitchen, Wc
Approximate area 125.92 sq m (1,355 sq ft)
The property has not been internally inspected by the auctioneers, dimensions are from a previous valuation report, interested parties must rely on their own enquiries.
Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold Retail Investment trading as Nara Restaurant
Current Rent £16,300 per annum.
Three floor end of terrace building, upper floors sold on long leases
Gross Initial Yield 10.86 % on Guide
Location
The property is located in the heart of Southampton, approximately a mile from the city centre and within easy reach of local shops, restaurants and cafés.
Open green space can be found nearby with Watts Park and East Park less than half a mile away.
Transport is convenient, with several bus routes serving the nearby city centre and surrounding areas.
Southampton Central railway station is also within close proximity, providing train connections to destinations across the region and beyond.
Transport
National Rail - Southampton Central (CrossCountry, gwr, South Western Railway & Southern)
Tenancy
Let on a 15 year lease from 10/10/2014 at a rental of £15,500 per annum. Rent reviews are every 5 years.
The upper floors have been sold off on four long leases each for a term of 125 years commencing 22/01/2007, each with a ground rent payable of £200 per annum.
Accommodation
Ground floor - Restaurant area, Kitchen, Wc
Approximate area 125.92 sq m (1,355 sq ft)
The property has not been internally inspected by the auctioneers, dimensions are from a previous valuation report, interested parties must rely on their own enquiries.
Mortgage calculator
Monthly repayment
£750 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}