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Property Details

Shirley High Street, Southampton, Hampshire, SO15

Investment - Retail

2694 sq ft (250.27 sq m)

For Sale £650,000 for the Freehold

Description

A ground floor retail shop with first floor ancillary staff and meeting rooms. The property has been refurbished to suit the current tenant branding and includes carpeted flooring, LED lighting, air conditioning. There are customer and staff WC's and a staff kitchen on the first floor. There is private office space and additional meeting space.

The property benefits from a fully repairing and insuring lease dated 9th August 2023 to Merkur Slots UK Limited for a term of 15 years at a current rent of £45,000 per annum. There is a break clause in August 2028 which is subject to a break penalty if exercised. A copy of the lease is available on request.

  • Prominent position on popular high street
  • Let to Merkur Slots UK Limited
  • 14.5 Years Unexpired Term
  • Income Currently £45,000 per annum.

Agent Details

Lauren Udall
lu@keygrove.com
023 8083 5964

James Allen
ja@keygrove.com
023 8083 5962