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Sorry, we currently do not have any listings for sale in 0 miles of Lee-on-the-Solent, Hampshire - Please find below the nearest listings available.
For Sale - Offers Invited * 1,377 sq.ft * Ground Floor Lock Up Shop and First Floor Ancillary Accommodation With 1 Bedroom Maisonette * A1 Retail Use * Possible Development Site * Central Gosport Location * Please call for more details ( Agency Pilot Software Ref: 1321 )
2 North Cross Street, Gosport, PO12 1BE
Type: Retail - High Street, Residential, Retail
2 North Cross Street, Gosport, PO12 1BEGBGosport, GosportHampshirePO12 1BE20, North Cross Street
Situated in the north east of Portsmouth Town Centre.Excellent road frontage to the A3.Approximately 0.26 acres (0.11 ha) in size. The property, which is approximately 0.26 acres (0.11 ha) in size, is situated in close proximity to the centre of Portsmouth and its main shopping district. The property is used as a petrol filling station (Sui Generis), currently let to Texaco, with a car wash and a large hardstanding / parking area.
Commercial Road, Portsmouth, PO1 4BY
Type: General Industrial, Leisure Property, General Retail, Hotels, Land, Light Industrial, Petrol Station, Residential, Industrial, Licensed & Leisure, Retail, Commercial Land, Other Property Types & Opportunities
LOCATION & DESCRIPTION Queens Terrace is a street of mainly period buildings overlooking Queens Park opposite Dock Gate 4 and backing onto Oxford Street, one of the City’s main restaurant quarters. Occupiers are a variety of different businesses, and this particular property trades on the ground floor as Terrace Hair Salon, established in this location for many years. The property itself comprises a four storey listed building and the three upper floors have been converted some time ago to form four small flats. All of these were been sold off on long leases of 125 years at a nominal ground rent, but with the landlord having the ability to recharge a proportion of the cost of insurance, as well as a service charge to cover maintenance and renewals, with each of the five parties contributing 20% of the total. ACCOMMODATION Ground floor retail unit - Net Sales – front salon 332 sq ft Rear Ancillary – 3 rooms 371 sq ft WC. rear access, courtyard Total Ground Floor Net Area 703 sq ft TENANTS The ground floor is let to Sue Wheeler and William Short, trading as Terrace Hair Design Salon, on a 10 year lease from 1st October 2015 with a 5 year upward only rent review. The current rent is £11200 pa exclusive of rates and service charge, but including their share of the service charge/insurance. On review the rent cannot exceed 110% of the current passing rent. The four flats have been sold off on leases of 125 years from 12 August 2005. Total rent therefore £11200 pa. PRICE The entire property is for sale freehold, subject to the five subsisting leases, at a price of £134,950. There is no VAT applicable. The net yield is therefore 7.2% after allowing for the landlords costs of insurance and service charge. EPC: Under preparation RATES RV £9700
LOCATION & DESCRIPTION Eastleigh is a thriving town about 5 miles to the north of Southampton, with excellent road, rail and air links to the rest of England & the continent. As a result it has built an enviable reputation as a distribution and manufacturing centre. The retail centre of Market Street and the more secondary High Street is supplemented by The Swan Shopping Centre and this property occupies a prime position in Market Street adjacent to Tui, Savers, Specsavers, EWM, Three Store and Subway. It comprises a terraced 2 storey building of mainly brick elevations beneath a pitched slate roof with an extensive modern, brick extension to the rear. ACCOMMODATION Internal Width 21’ 6” Shop depth 81’ 6” Net Sales 1762 sq ft ITZA 808 sq ft Store 106 sq ft First Floor storage 1389 sq ft LEASE The premises are let on a single lease to The Works Stores Ltd on a full repairing and insuring basis for a term of 10 years, with a 5 yearly review and break clause, from 21st February 2015, at a passing rent of £38,000 pa. Full lease details on request. The property is not elected for VAT. TENANT The accounts for The Works Stores Ltd for the year ended 30 April 2017 show a turnover of £166m, up 8% on 2016 and a net profit before tax of over £6.6m. During that year the company has opened a net 50 new stores, being 63 openings in all including relocations, leading to an estate of over 400 stores and still expanding. EPC – C 69 PRICE The freehold is for sale, subject to the subsisting lease, at a price of £500,000 representing a net initial yield of 7.26% net of purchasing costs.
80, Market Street, Eastleigh, SO50 5RE
80 Market Street, SO50 5REGBEastleighHampshireSO50 5RE80, Market Street
The property is a modern detached two storey building with car parking for 22 cars to the front and an additional car park next door for up to 120 cars. There is a full height internal loading bay with 8.8m eaves accessed via large steel concertina loading doors (h) 6m x (w) 8m. The ground floor area is currently used for retail with floor to ceiling height of 4.2m. The first floor is used as warehouse/storage space with min eaves of 4.2m rising to 7.7m at apex. The first floor storage area is served by 2no. 1 tonne lifts.
Under OfferFor rent: £46,000.00 Per AnnumFor sale: £575,000.00
Unit 2 is a modern mid terrace trade counter/warehouse, constructed of a steel portal frame with block and profile clad aluminium elevations.
The property comprises a trade counter area, warehouse with mezzanine offices and benefits from three phase electric power, gas connection, a solid concrete floor, sodium lighting, DDA compliant WC, personnel and roller shutter doors.
The office space benefits from suspended ceilings with recessed lighting, central heating, 2 x WCs and a kitchen. ( Agency Pilot Software Ref: 2038041 )
Unit 2 M3 Trade Park, Manor Way, Eastleigh, SO50 9YA
Type: Warehouse, General Industrial, Trade Counter, Industrial, Retail
Unit 2 M3 Trade Park, Manor Way, Eastleigh, SO50 9YAGBEastleigh, EastleighSO50 9YAManor Way
LOCATION & DESCRIPTION Havant is a large town of some 125,000 borough population, situated on the South Coast between Chichester and Portsmouth. The Town Centre has a variety of shopping on offer, including the main Meridien Centre, but freeholds are fairly rare. The mainline railway station (Waterloo 60 minutes) is 100 yards from this property. These premises comprise an end of terrace building, perhaps built around the beginning of the 20th Century and currently comprising two shops, one occupied by our client, one vacant, a self contained, first floor, 4 bedroom flat, and a workshop to the rear together with some five parking spaces. ACCOMMODATION Ground floor Shop 1 Net sales 650 sq ft Shop 2 Net sales 367 sq ft Workshop 426 sq ft 3 WCs cont’d First Floor A large self contained flat comprising lounge, kitchen, small bathroom and 4 bedrooms, currently let to one tenant on an AST but offered with vacant possession. The property is considered suitable for refurbishment and potential conversion, possibly to include additional residential accommodation. PRICE For sale freehold at £395,000, with vacant possession throughout. RATES Shops RV £6400, Workshop RV £1575, Flat – Council Tax Band B EPC Ground Floor – C 63, Flat - E 49
Two shops and workshop with 4 bed flat over.
Type: Residential, General Retail, Retail - High Street, Retail
40 North Street, PO9 1PTGBHavantHampshirePO9 1PT40, North Street
LOCATION & DESCRIPTION Eastleigh is a former railway town about 5 miles to the north of Southampton, with excellent road, rail and air links to the rest of England & the continent. As a result it has built an enviable reputation as a distribution and manufacturing centre. The retail centre of Market Street and the more secondary High Street is supplemented by The Swan Shopping Centre where visitors to its Vue based leisure extension are up to nearly 3m a year. The property itself comprises a two storey retail unit with a well established Charity trading from the ground floor. They have been in the premises since 2014 and utilise all of the rear storage area for the sorting, cleaning and storage of charity donations. The first floor is a self-contained 1-2 bed flat, let until recently on an Assured Shorthold Tenancy to the same tenant for 9 years, but it will be vacant from the beginning of April. ACCOMMODATION Ground floor retail unit - Net Sales 607 sq ft Rear Ancillary 672 sq ft WC. Rear Access, one parking space Total Ground Floor Net Area 1279 sq ft First floor flat comprising Living Room, Kitchen, Double Bedroom & Bathroom with additional second floor Living Room/Bedroom. This would benefit from some modernisation. TENANTS The ground floor is let to Life 2009, a registered charity https://lifecharity.org.uk/ established in 1970, and in 2016 they had a total income of £3.6m. They have a 10 year lease from November 2014 with a 5 year upward only rent review and the tenant break at the end of the third year was not used. The current rent is £16000 pa exclusive, representing an ITZA rent of just under £31.00 psf. Recent lettings and lease renewals in Market Street have tended to be in the region of £40 psf ITZA so it is our contention that the rent is reversionary and could see an uplift on review. Total current income therefore is £22600 pa. However, even at £35 psf ITZA the ground floor rent equates to £17750 pa, plus the flat income once a tenant is found.
FREEHOLD RETAIL INVESTMENT
Type: Retail, Leisure
3 Market Street, SO50 5RJGBEastleighHampshireSO50 5RJ3, Market Street
LOCATION & DESCRIPTION Southampton is the principal retail city on the South Coast, with the West Quay Shopping Centre just 100m or so from this property. Adjacent tenants include Boots Opticians, Sally Salon Supplies, Maplins, Coffee#1, Lloyds Bank, Trespass, The Works, Moss Bros etc, and Marlands Shopping Centre is opposite. The ground floor of this property has just been let to Caffe Nero who have completed a total refit and just opened. The three flats, two of which are newly converted, are self contained, approached from the rear and are all let on assured shorthold tenancies. ACCOMMODATION Ground floor Total Net Area 1600 sq ft Rear access There are three flats, 1 x 2 bed and 1 x 1 bed on the first floor and a further 2 bed flat on the second floor. RV to be re-assessed TERMS The premises are let to Nero Holdings Ltd trading as Caffe Nero, on a 10 year FRI lease (by way of a service charge) from December 2017, with a 5 year upward only rent review but NO BREAK, at a rising rent of £47,000 pa for 2 years, £49000 pa for the third year, and thereafter £50000 pa, exclusive of rates, service charge, insurance and VAT. Our client is prepared to consider topping up the rent to reflect £50000 pa throughout the first five years, by negotiation. The three flats above are all let on ASTs at a total rent of £28000 pa. Total income therefore can be £78000 pa. VAT is applicable PRICE The freehold is for sale subject to the subsisting leases at a price of £1,295,000 plus VAT representing a net initial yield of 5.63% based on the average of the Caffe Nero rent.
FREEHOLD INVESTMENT FOR SALE
Type: Retail, General Retail, Retail - High Street
84 Above Bar Street, Southampton, SO14 7DTGBSouthamptonHampshireSO14 7DT84, Above Bar Street
Havant Road is a busy thoroughfare linking Cosham from the West and Farlington from the East. Drayton is busy sub-district in Portsmouth, and has good motorway accessibility via the A27 and M275 connections.
Havant Road serves the local community with many independent occupiers and some national retailers such as KFC, Co-Operative Food, Fry & Kent Estate Agents and Pet Doctor’s Veterinary Clinic.
Semi-Detached Shop and Flat - 145/145A Havant Road
Type: Flat, General Retail, Retail - High Street, Retail - Out of Town, Residential, Retail
LOCATION & DESCRIPTION Fareham is a major town in Hampshire on the South Coast, situated about midway between the conurbations of Portsmouth and Southampton, with a population said to be around 110,000. Retail in the town centre is focused on the Fareham Shopping Centre, and on West Street where this property is to be found, in close proximity to the likes of McDonalds, McColls, Wetherspoons, TSB, H & T Pawnbrokers and Naomi House. The property comprises a two storey retail unit (the tenant being a Sui Generis use) with Golden Touch Amusements on the ground floor. The property is well fitted out for its current use and has been given a modern feel with a painted suspended ceiling, inset spot lighting, carpeting and CCTV. The flat on the first floor is self contained, accessed from the rear via a metal staircase and path over the flat roof, and although sublet on an AST, this is included within the tenants lease in the rent quoted below. There is therefore just the single tenant as far as a landlord has to deal with. ACCOMMODATION Ground floor retail unit/amusement arcade - Total Net Area 1355 sq ft Ladies and gents WCs Rear access. Four private parking spaces. S/C first floor 2 bedroom flat let on AST TENANT The whole is let to Southern City Leisure Ltd, a private limited company whose principal activity is that of amusement leisure centres, having 11 current branches. In the year ended 31 December 2016 their turnover was just over £5m (up from £4.2m the year before) with a net profit for the year, after tax, of £610,000. Total assets less current liabilities are over £2m. Full trading accounts can be provided to interested parties. TERMS The premises are let to Southern City Leisure Ltd on a 10 year FRI lease from 7th April 2014, with an upward only rent review at April 2019, at a passing rent of £36,000 pa (to include the flat) exclusive of rates. There is no VAT applicable PRICE The freehold is for sale subject to the subsisting lease at a price of £425,000 representing a net initial yield of 8.1% EPC: E 106 RATES RV £21000
Retail Investment Fareham Town centre
Type: Retail, Leisure
121 West Street, PO16 0DUGBFarehamHampshirePO16 0DU121, West Street
LOCATION & DESCRIPTION Portsmouth is a major city and port in Hampshire on the South Coast, situated about 20 miles to the east of Southampton, with a population said to be around 205,000. Retail in the city centre is focused on Commercial Road, and this property is to be found just yards off this in Edinburgh Road, in close proximity to the likes of RBS, Iceland, Barclays, Yorkshire Bank, STA Travel, and Debenhams. The property comprises a three storey retail unit (the tenant being a Sui Generis use) with Golden Touch Amusements on the ground floor. The property is well fitted out for its current use and has been given a modern feel with a painted suspended ceiling, inset spot lighting, carpeting and CCTV. The first floor provides customer and staff toilets while a further self contained area has been refurbished as offices for the tenant company, consisting of a kitchen & office on the first floor and a further 2 offices and a small storeroom on the second floor. The rear fire escape staircase is for that purpose only, it would appear. ACCOMMODATION Ground floor retail unit/amusement arcade - Total Net Area 955 sq ft First floor ladies and gents WCs Rear access. S/C first and second floor offices of about 350 sq ft per floor TENANT The whole is let to Southern City Leisure Ltd, a private limited company whose principal activity is that of amusement leisure centres, having 11 current branches. In the year ended 31 December 2016 their turnover was just over £5m (up from £4.2m the year before) with a net profit for the year, after tax, of £610,000. Total assets less current liabilities are over £2m. Full trading accounts can be provided to interested parties. TERMS The premises are let to Southern City Leisure Ltd on a 10 year FRI lease from 7th April 2014, at a passing rent of £24,000 pa exclusive of rates. There is no VAT applicable. The sale will include an option for the tenant to drop the 2019 rent review and extend the lease to 2033. PRICE The freehold is for sale subject to the subsisting lease at a price of £295,000 representing a net initial yield of 7.88% EPC: B 43 RATES RV £17500
A rare opportunity to acquire a mixed use freehold property in the centre of Westbourne near Emsworth. The property is part of a very busy and popular retail parade all with residential uppers. 6 The Grove has been used as a retail unit with a self contained 2 bedroom apartment above plus parking to the rear. There is potential to create a self contained apartment with its own entrance as well as keeping the retail unit. The property has planning permission to extend the ground floor space. Details on request.
(From Caldes Software. Property Ref: N9042. Dec 21 2017 12:13PM)
Ivory and Pitch, 6 The Grove, PO10 8UJ
Type: General Retail, Land, Serviced Office, Retail, Commercial Land, Offices
Ivory and Pitch, 6 The Grove, PO10 8UJGBChichester, EmsworthSussexPO10 8UJ1, Westbourne Road
Former convenience store for sale in prominent roadside position fronting A3057 within Southampton. The site has potential for alternative uses & development subject to planning. ( Agency Pilot Software Ref: 5113 )
"Co Op Store" Maybush Corner, Romsey Road, Southampton, SO16 9GJ
Type: Retail - High Street, Land, Retail, Commercial Land
The property comprises a single storey retail store with a large glazed shop front and a recessed loading bay with dock loading door. Internally the property provides a large, regular shaped open plan retail sales area with ancillary warehousing and staffing area to the rear.
The site extends to 0.98 acres, with surface parking provided on site for 72 cars. ( Agency Pilot Software Ref: 2037070 )
Lidl 355 Shirley Road, Southampton, SO15 3JD
Type: General Retail, Land, Retail, Commercial Land
Winchester Road has a strong retail offering with Waitrose within close proximity and Fryern Arcade comprising of Costa, Boots and WHSmith. The unit is less than 100m from Fryern Arcade, surrounding occupiers include Goadsby, Fryern Dental Practice, Santander, Lloyds and Morris Dibben.
- Winchester Road has a strong retail offering - Arranged over ground, first and basement - Extensive car park to the rear with 15 spaces - Freehold
UNDER OFFER - Former Bank Premises For Sale in Hampshire
Portswood is a suburb of Southampton, north-north-east of the city centre. It is mainly a residential area, adjacent to the University of Southampton resulting in more than a quarter of the residents being students. Portswood Road is the main shopping street for the suburb. Surrounding occupiers include Waitrose, Iceland, Sue Ryder, Subway, Pizza Hut, Farm Foods, Cancer Research, Post Office, KFC and Coffee No.1.
- Situated in the main shopping street - Arranged over ground and first floors - Property will be sold with an interest in the second floor that has been sold off long leasehold
UNDER OFFER - Former Bank Premises For Sale in Southampton
Type: General Retail, Retail - High Street, Retail
Southampton is the largest city in Hampshire with an estimated population of approximately 253,650 people (ONS 2013). The premises are situated in a good secondary position close to the prime retailing of Above Bar Street and the proposed redevelopment of the former Bargate Shopping Centre. It is opposite Ladbrokes and close to Coral, Lidl, Argos and Sprinkles Gelato.
- Premises over basement, ground and two upper floors. - Freehold - Situated in a good secondary position
Former Bank Building For Sale in Southampton
Type: General Retail, Retail
12 High Street, Southampton, SO14 2NXGBSouthampton, SouthamptonHampshireSO14 2NX12, High Street
This property comprises a ground floor retail shop with stores to the rear and further storage and office areas on the first floor. Part of the first floor is in need of renovation. There is opportunity for redevelopment of the rear stores and first floor, subject to planning. The property is available with vacant possession. This property benefits from rear access for deliveries and is not a listed building. ( Agency Pilot Software Ref: 196 )
14 High Street, Southampton, SO45 6AH
Type: Retail - High Street, Restaurants/Cafes, Retail, Licensed & Leisure
14 High Street, Hythe, Southampton, SO45 6AHGBNew Forest, SouthamptonHampshireSO45 6AH8, High Street
The property is arranged on ground and two upper floors to provide a large ground floor shop unit with rear storage and loading area together with further sales, office and storage on the first floor and staff/storage at second floor level front and rear. The property benefits from a goods lift and rear servicing access from Richmond Place. TENURE Long leasehold for a term of 98 years from 1st Nov 1951 at a fixed ground rent of Â£450 per annum. Southsea forms part of the City of Portsmouth which, in addition to being one of the major ports of the south coast, is also an important commercial, administrative and retail centre with a population of some 175,000. Southsea lies immediately to the south of Portsmouth city centre overlooking the Solent and has its own well established shopping area centred around Palmerston Road. The property is situated in a prominent position in the centre of the pedestrianised section of Palmerston Road. Occupiers close by include Debenhams, Boots, Knight & Lee, Specsavers, Robert Dyas amongst others.
PRIME RETAIL INVESTMENT - FOR SALE
Type: Retail - High Street, Retail - Out of Town, Retail Park, Restaurants/Cafes, General Retail, Shopping Centre Unit, Retail, Licensed & Leisure
314 sq.ft * For Sale * Ground Floor Lock Up Shop and First Floor 2-3 Bedroom Maisonette plus Access to Shared Rear Yard leading to a Single Garage * A1 Retail Use * * Popular Baffins Location * Please call for more details ( Agency Pilot Software Ref: 1122 )