21 Bedford Place
Ref 3714
Address 21 Bedford Place, Southampton, Hampshire, SO15 2DB
Property type Investment - Retail, Investment - Residential
Size 950 Sq Ft
Freehold £350,000
Bedford Place is a popular trading location within the city centre. It is situated within the business district and has a large student population. There are numerous car parks in close proximity of the property in addition to public meter parking on Bedford Place. Bedford Place comprises both national and local retailers which include McColl's, Sainsbury's and Revolution in addition to independent hair dressers, barbers and cafe operators. The subject property is located amongst similar operators and adjacent to the popular mauritian restaurant lakaz maman. The building is a mid-terrace building comprising basement, ground, first and second floors. The property is of mixed-use comprising ground floor retail premises, currently trading as a restaurant, with an opening into the neighbouring property, service yard to the rear and two 2xbedroom residential flats on the upper floors. To the rear (Lower Bannister Street) is a service yard with rear access to the flats via a steel external staircase.
- Opportunity to add value - Two flats & Restaurant
- Guide Price £400,000
- Good trading location
- Commercial income £13,500 per annum with long lease in place
- Two vacant flats