Summary - Commercial Road, Southampton, Hampshire, SO40 SO40 3BY
5 bed 1 bath Retail Property (high street)
Turnkey mixed-use asset with secure income and prominent shopfront.
Freehold mixed-use asset: double shop plus five flats
A freehold, mixed-use high street investment offering a double retail unit and five let flats, all recently refurbished. The ground-floor commercial unit is let on a 10-year lease (tenant break in year five) and the residential accommodation comprises four studios and one one-bedroom flat, all on assured shorthold tenancies with deposits held.
The property produces a combined passing rent of £61,870 p.a., providing immediate rental income and a visible retail frontage on Commercial Road with strong pedestrian and vehicular exposure. The building totals approximately 3,142 sq ft, with the retail unit at 778 sq ft and residential units suited to rental demand in this commuter town.
Buyers should note material locational risks: the local area is classified as deprived with a very high recorded crime rate. These factors can affect rental uplift and capital growth. The retail lease includes a tenant break option at year five; residential lets are ASTs and may require ongoing management and periodic re-letting.
Overall, this is a turn-key income asset for a buyer seeking immediate yield from a prominent retail position and multiple residential income streams, but the investment carries local market and management considerations that warrant due diligence.
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