Property photos
Freehold
£475,000
(£195.31/sq. ft)
Retail premises for sale
Bitterne Road East, Southampton, Hampshire SO182,432 sq. ft
Local area information
Property location
Nearby amenities
- Bitterne CE Primary School 0.2 miles
- Glenfield Infant School 0.4 miles
- Bitterne 1 mile
- Sholing 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Freehold Investment Sale
- Guide Price - £475,000
- Current rental income - £29,300
- Gy of almost 6.2%
- Low capital value of £195 psf
- WAULT of 8 years
- Potentially suitable for a sipp
- Recognised covenant and business in occupation
- Substantial detached period building
- Property approx. 2,432 sq. Ft. / 226 sq. M.
Freehold commercial investment for sale, with a respected tenant in occupation for many years. The property may lend itself to future residential conversion (subject to planning).
An impressive period building on a plot of approximately 4,000 sq. Ft., believed to date from the mid-Victorian era, which has been occupied by a funeral director for over 60 years.
It comprises a reception space and two large waiting rooms on the ground floor, along with ancillary rooms to the rear which are linked to the occupier’s business plus a disabled access WC. On the first floor are a series of offices, kitchen, M&F WCs, staff room and boardroom. The property benefits from gas central heating, double glazing and fitted carpets and also offers period features including high ceilings and cornicing detail on the ground floor. Externally there is a private car park for approximately 6 vehicles.
Situation
The property is located in a highly-prominent corner position at the junction of Bitterne Road East and Commercial Street, in a predominantly residential neighbourhood of Southampton and within fairly close proximity to the Bitterne Village Precinct. Nearby commercial occupiers include Andrew Osborne Kitchens and Premier Teamwear & Workwear. Bitterne Road East (A334) is a principle arterial route leading east out of Southampton towards Junction 7 of the M27 motorway, 1.6 miles away.
Accommodation
We have identified an approximate internal area of 2,432 sq. Ft. / 226 sq. M.
Tenure
We are instructed to seek offers of £475,000 for the freehold interest, subject to the existing occupational lease, which represents a low capital value of £195 psf and a gross yield of almost 6.2%, before standard purchaser’s costs.
Title information
The freehold title is HP398010. A data room of salient information is available on request to interested parties.
EPC rating
Rated C (75) under certificate reference which is valid until 6th October 2034.
Rateable value
According to the Valuation Office Agency website, the property has a rateable value of £25,250, valid from 1st April 2023.
Legal costs and VAT
Each party is expected to bear their own legal costs in this transaction.
The property is not elected for VAT purposes.
Viewings
No direct approach to the occupier is permitted. All enquiries and appointments to view must be made by contacting the sole agents Trinity Rose Commercial on or by emailing
An impressive period building on a plot of approximately 4,000 sq. Ft., believed to date from the mid-Victorian era, which has been occupied by a funeral director for over 60 years.
It comprises a reception space and two large waiting rooms on the ground floor, along with ancillary rooms to the rear which are linked to the occupier’s business plus a disabled access WC. On the first floor are a series of offices, kitchen, M&F WCs, staff room and boardroom. The property benefits from gas central heating, double glazing and fitted carpets and also offers period features including high ceilings and cornicing detail on the ground floor. Externally there is a private car park for approximately 6 vehicles.
Situation
The property is located in a highly-prominent corner position at the junction of Bitterne Road East and Commercial Street, in a predominantly residential neighbourhood of Southampton and within fairly close proximity to the Bitterne Village Precinct. Nearby commercial occupiers include Andrew Osborne Kitchens and Premier Teamwear & Workwear. Bitterne Road East (A334) is a principle arterial route leading east out of Southampton towards Junction 7 of the M27 motorway, 1.6 miles away.
Accommodation
We have identified an approximate internal area of 2,432 sq. Ft. / 226 sq. M.
Tenure
We are instructed to seek offers of £475,000 for the freehold interest, subject to the existing occupational lease, which represents a low capital value of £195 psf and a gross yield of almost 6.2%, before standard purchaser’s costs.
Title information
The freehold title is HP398010. A data room of salient information is available on request to interested parties.
EPC rating
Rated C (75) under certificate reference which is valid until 6th October 2034.
Rateable value
According to the Valuation Office Agency website, the property has a rateable value of £25,250, valid from 1st April 2023.
Legal costs and VAT
Each party is expected to bear their own legal costs in this transaction.
The property is not elected for VAT purposes.
Viewings
No direct approach to the occupier is permitted. All enquiries and appointments to view must be made by contacting the sole agents Trinity Rose Commercial on or by emailing
Floor plans and tours
Floor plans (1)
More information
Listed by
Trinity Rose Commercial
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