Investment With Upper Floors For Development

Located in the popular suburb of Bitterne towards the eastern edge of Southampton, this substantial four-storey property is offered for sale with a commercial tenant on the ground floor and vacant upper floors. It is considered the upper parts may be suitable for conversion into residential accommodation, subject to all necessary consents being obtainable. The ground floor and basement are let under the terms of a 10-year commercial lease from 8th June 2021 at a rental of £14,250 per annum. The first and second floors comprise numerous office rooms and ancillary accommodation with separate access. The tenants, with consent, have knocked through the two shops to form one commercial unit, and the element being sold is marked red in the photograph. Freehold with vacant possession.