Shirley Road sits within a retail district approximately 3 miles to the north west of Southampton city centre. It is an arterial route into the city and is densely populated. The location is popular with national occupiers such as Tesco, Lidl, Coral and Domino's Pizza as well as independent retailers.
The property comprises a ground floor retail shop, with part ground and first floor residential accommodation in the form of two maisonettes (numbered 169 and 171). The property is of traditional brick construction under a pitched and tiled roof and believed to be constructed in the late Victorian period.
The ground floor retail shop benefits from double pane glass frontage and electric shutters. Internally the unit comprises open plan accommodation with suspended ceilings and rear access.
Both maisonettes are accessed to the rear and comprise ground floor kitchen with separate dining room with bathroom and 3 bedrooms at first floor. Both require basic cosmetic refurbishment.
Externally the property benefits from forecourt parking and rear access via a single track un-adopted road.
The property is suitable for owner occupiers, investors and developers. We believe there is scope for an enhanced residential scheme subject to obtaining the necessary planning consent.
Interested parties are advised to make their own enquiries with Southampton City Council.
Asset Rating - B42
Rateable Value £16,258 Source www.voa.org.uk
The 2019/2020 standard multiplier is 0.491 (49.1p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Offers sought in the region of £600,000 subject to contract for the freehold interest with vacant posession on completion. ( Agency Pilot Software Ref: 6536 )