Summary - 15 ONSLOW ROAD SOUTHAMPTON SO14 0JD
3 bed 1 bath Commercial Property
Dual-income property with ready restaurant and sunny three-bedroom flat..
Prominent freehold mixed-use building around 3,007 sq ft.
Fully fitted restaurant trading space; immediate turnover possible.
Sunny three-bedroom flat above with separate entrance.
Current commercial lease: 12 years remaining; rent £18,000 pa.
Estimated flat rental income £16,000–£18,000 pa.
Only 12-year lease may prevent mortgage lending and reduce value.
Located opposite Royal South Hants Hospital with strong footfall.
Very high crime and very deprived area; affects demand and costs.
This freehold mixed-use property occupies a prominent city location opposite the Royal South Hants Hospital, offering a fully fitted restaurant on the ground floor and a sunny three-bedroom flat above. The premises extend to approximately 3,007 sq ft and have been newly renovated, presenting immediate income and low short-term fit-out needs for an operator or investor.
The restaurant is let on a 12-year lease with a current rent of £18,000 per year; the flat is separately accessible and could achieve an estimated £16,000–£18,000 pa. The combination delivers dual-income potential and the convenience of on-site living or rental diversification.
Buyers should note material constraints: there are only 12 years remaining on the commercial lease, which is likely to restrict mortgage lending and will affect valuation and onward saleability. The property sits in a very high crime, very deprived urban neighbourhood and occupies a small plot—factors that may influence tenant demand and insurance costs.
This opportunity suits investors or owner-operators who understand lending limits on short leases and who value immediate trading capability and rental income. The property’s newly renovated condition reduces immediate capital expenditure, though cosmetic works may be required to reflect individual branding or letting standards.
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