Under Offer

TypeRetail Investments

SO15 73 Bedford Place, Southampton

TenureFor sale

73 Bedford Place, Southampton, SO15 1/13

Specification

Building size
Building size 1,313 sqft
Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

Centrally Located Retail Investment Let to Established Opticians

Grade II Listed, end of terrace, two storey brick constructed commercial building, incorporating lower ground floor, ground floor and first floor. The building was constructed in the mid 19th Century and holds a prominent position within Bedford Place.

The building is occupied by an established opticians, who have been in occupation for many years.

The freehold is available for sale at a price of £295,000 subject to a lease to Bennett Opticians (Ltd) for a term of 10 years from 24th June 2019 expiring on 23rd June 2029 at a passing rent of £20,000 pa.

There is an outstanding rent review from 24th June 2024.

Location

The subject building is located on the western side of Bedford Place on the corner with Canton Street and the building is situated a short distance from Southampton City Centre.

The M27 is easily accessible via either junction 5 or junction 7 of the M27 which leads west bound towards Bournemouth and east bound towards Portsmouth and Chichester with the M3 heading north towards London.

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