2 Riverside
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2 Riverside
650 SF Retail Building Eastleigh SO50 6LP £250,000 (£385/SF)
Investment Highlights
- Well-maintained building
- Close to its junction with Bishopstoke Road (B3037)
- The residential accommodation is approached via a staircase to the rear
Executive Summary
Offers are invited in excess of £250,000.
This attractive, well-maintained building is arranged on ground and two upper floors. The ground floor, currently used as a Tattoo Studio, presents itself as a large, essentially open plan area which has been partially divided to provide four semi-private areas. To the rear is a storeroom, kitchenette and toilet in addition to a rear escape / access door opening onto the rear car parking area (designated for use by the occupiers of the first floor flat).
Both the ground and upper floors will be offered with full vacant possession. However, the ground floor tenants are interested in taking a new lease, the initial rent being £11,960 pa. A two bed flat should attract interest at a monthly figure at or close to £1,000. Thus, the total rental income could secure just under £24,000 pa.
This attractive, well-maintained building is arranged on ground and two upper floors. The ground floor, currently used as a Tattoo Studio, presents itself as a large, essentially open plan area which has been partially divided to provide four semi-private areas. To the rear is a storeroom, kitchenette and toilet in addition to a rear escape / access door opening onto the rear car parking area (designated for use by the occupiers of the first floor flat).
Both the ground and upper floors will be offered with full vacant possession. However, the ground floor tenants are interested in taking a new lease, the initial rent being £11,960 pa. A two bed flat should attract interest at a monthly figure at or close to £1,000. Thus, the total rental income could secure just under £24,000 pa.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
650 SF
Building Class
C
Year Built
1960
Price
£250,000
Price Per SF
£385
Tenancy
Single
Number of Floors
3
Building FAR
0.58
Land Acres
0.03 AC
Frontage
17 ft on Riverside
Amenities
- 24 Hour Access
- Commuter Rail
- EPC - C
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Nearby Major Retailers
-
James Scott -
Newton Scott
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2 Riverside
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