Retail premises for sale in Shirley Road, Southampton SO15

This well-proportioned shop unit is
conveniently located close to the busy
Foyes Corner, amongst a variety of retailers
including Tax Consultants, Off Licences, Office Suppliers, Polish Delicatessens, Hardware shops, and such like.
Access to the M.27 (Junction 3) is within
about three miles allowing quick and easy
access to all parts of the Solent region and
further a-field via the national motorway
network.

The building, which was probably constructed during the early
part of the twentieth century, provides a retail unit currently
trading as a Convenience Store, arranged as the main sales
area together with a rear storage area, kitchenette and toilet.
The residential accommodation is arranged on the entire first
floor, as four rooms, a bathroom, currently together with a
fitted kitchen / break-out room at ground level.
All rooms (apart from bathroom) are carpeted, fitted with gas
fired central heating radiators, and have fenestration.
There is access from the rear of the retail unit to the rear
kitchen, which in turn has access to the rear garden.

The approximate gross internal floor areas are as follows:
Gross Frontage 17’6”
Shop Depth (max): 29’4”
Shop Width (max): 15/6”
Shop floor area (approx) 455 sq feet
Rear Stores 50 sq feet/4.64m2
The approximate maximum areas for the first-floor rooms
are as follows:
Room 1 (front): 11/10” x 15/8”
Room 2 (middle): 11/3” x 12/4”
Bathroom: 5/3” x 9/8”
Room 3 (middle): 8/0” x 9/8”
Room 4 (rear): 14/3” x 10/6”
Ground floor kitchen: 15/9” x 10/9”

The ground floor retail tenants are in occupation on an informal
basis. They have indicated they may be prepared to take a
new 5 or 6 year term, subject to a tenant’s lease break option
at the end of the third year on providing six months notice.
They currently pay a rent of £11,000 pa., monthly in advance.
The rent from the four first floor HMO rooms amounts to
£1000 pcm / £12,000 pa.
Total income: £23,000 per annum.