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Southampton - Freehold Vacant Takeaway & Residential Investment

For sale: £400,000.00|2,250 Sq Ft|Residential, Retail - High Street, Restaurant/Cafes, Mixed Use, Restaurant/Cafes, Retail, Other Property Types & Opportunities

Property details

FOR SALE£400,000.00
SIZE2,250 Sq Ft
ADDRESS30 Victoria Road, Southampton, Hampshire, SO19 9DX
TYPEResidential, Retail - High Street, Restaurant/Cafes, Mixed Use, Restaurant/Cafes, Retail, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON22nd February 2022

Description

Investment Consideration:
Vacant possession
ERV: £35,000 p.a. GIY: 8.75%
VAT is NOT applicable to this property
Comprises ground floor takeaway with ancillary at lower ground floor and 3-bed flat at first and second floor
Full commercial kitchen
3 car parking spaces at rear
Total area size 209 sq m (2,250 sq ft)
Residential development potential, subject to obtaining the necessary consents
Nearby occupiers include Subway, Co-Op Food, Superdrug, Admiral Casino and more.

Property Description:
The property comprises fully equipped ground floor takeaway shop with ancillary at lower ground floor and 3-bedroom flat at first and second floor. The property provides the following accommodation and dimensions:
Ground Floor: Lobby, Counter, Commercial Kitchen, WC
Lower Ground Floor: Storage, Bathroom/WC
First Floor: 1 Double and 1 Single Bedroom, Living Room, Bathroom/WC
Second Floor: 1 Double Bedroom
Residential development potential, subject to obtaining the necessary consents.

Tenancy:
The entire property is at present vacant. ERV: £35,000 per annum.

Location:
Woolston is a suburb of Southampton, Hampshire, located on the eastern bank of the River Itchen. It is bounded by the River Itchen, Peartree Green, Itchen and Weston. The property is located within short walk to Woolston Station with occupiers nearby including Subway, Co-Op Food, Superdrug, Admiral Casino and more.

Location

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Location: 30 Victoria Road, Southampton, Hampshire, SO19 9DX

Woolston (0.2 miles)

Sholing (1.2 miles)

Bitterne (1.5 miles)

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