No longer on the market
This property is no longer on the market
MapMixed use
Sold STC
Mixed use
6178
Features and description
- For Sale - Freehold Mixed-Use Premises
- 6,198 Sq. Ft. / 575 Sq. M. site (GIA)
- Offers sought in the Region of £500,000
- Former retail showroom, offices and workshop on ground floor
- Ancillary storage space/offices on first floor
- Self-contained, one bedroom first-floor flat
- Prominent location with wide frontage onto Shirley Road
- Side/rear access into unit via the workshop at 1 A Lisbon Road
- May suit an owner-occupier
- Opportunity to redevelop the site for residential units or create multiple ground floor retail units with residential uppers
The asset comprises a former motorcycle dealership (Park Road Powerbikes) fronting Shirley Road with a workshop to the rear which can be accessed both internally and via its own entrance on Lisbon Road. The ground floor is mainly open-plan and offers a large open-plan retail area, offices, WC and workshop/stores. Stairs lead up to the first floor where ancillary storage/offices are found, while a self-contained 1-bedroom flat is also included in the sale, at 156a Shirley Road.
Various planning consents have been granted on the site so we invite interested parties to consult the Southampton Planning Portal to review these: 21/01402/FUL, 22/00301/FUL & 22/00779/FUL.
ACCOMMODATION
We identified a gross internal area (GIA) of 533.32 Sq M / 5,740 Sq Ft of commercial space while the residential accommodation is 42.59 Sq M / 458 Sq Ft, giving a cumulative total of 575.8 Sq M / 6,178 Sq Ft.
TENURE
We are instructed to seek unconditional cash offers in the region of £500,000 for the freehold interest, subject to vacant possession upon completion.
RATEABLE VALUE
The commercial element of the building has a rateable value of £27,500, effective from 1st April 2023.
EPC RATING
Commercial Unit: E (123)
Residential apartment: F (24)
VIEWINGS
All enquiries and appointments to view must be made via sole agent Trinity Rose Commercial on[use Contact Agent Button].
LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction. All prices quoted may be subject to VAT provisions.
The property is found on Shirley Road in Southampton, a densely populated residential location with a large number of already established retailers and commercial occupiers, approximately 1 mile from Southampton Central Station. Businesses include food stores, cafes, restaurants, chemist, hairdresser and butcher.
Various planning consents have been granted on the site so we invite interested parties to consult the Southampton Planning Portal to review these: 21/01402/FUL, 22/00301/FUL & 22/00779/FUL.
ACCOMMODATION
We identified a gross internal area (GIA) of 533.32 Sq M / 5,740 Sq Ft of commercial space while the residential accommodation is 42.59 Sq M / 458 Sq Ft, giving a cumulative total of 575.8 Sq M / 6,178 Sq Ft.
TENURE
We are instructed to seek unconditional cash offers in the region of £500,000 for the freehold interest, subject to vacant possession upon completion.
RATEABLE VALUE
The commercial element of the building has a rateable value of £27,500, effective from 1st April 2023.
EPC RATING
Commercial Unit: E (123)
Residential apartment: F (24)
VIEWINGS
All enquiries and appointments to view must be made via sole agent Trinity Rose Commercial on[use Contact Agent Button].
LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction. All prices quoted may be subject to VAT provisions.
The property is found on Shirley Road in Southampton, a densely populated residential location with a large number of already established retailers and commercial occupiers, approximately 1 mile from Southampton Central Station. Businesses include food stores, cafes, restaurants, chemist, hairdresser and butcher.