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54 Hamble Ln

1,122 SF Retail Building Southampton SO31 4JS £450,000 (£401/SF) 7.10% Net Initial Yield

Shops & Retail Properties Hampshire Southampton 54 Hamble Ln, Southampton, HAM SO31 4JS

Investment Highlights

  • Close proximity to junction 8, M27 and Coronation Parade
  • Parking spaces available
  • Located in an established residential district

Executive Summary

Offers in excess of £450,000 subject to contract for the freehold interest and subject to existing tenancies on completion. A purchase made at the asking price will reflect a 7.1% net initial yield, assuming the flat is tenanted at market rent.

Attachments

HambleLane54-June24

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Veterinarian/Kennel
Building Size
1,122 SF
Year Built
1900
Price
£450,000
Price Per SF
£401
Net Initial Yield
7.10%
NOI
£31,950
Tenancy
Single
Number of Floors
2
Building FAR
0.21
Land Acres
0.12 AC
Frontage
30 ft on Hamble Lane
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+44 23 8022 2292

  • Listing ID: 32834948

  • Date on Market: 16/08/2024

  • Last Updated:

  • Address: 54 Hamble Ln, Southampton SO31 4JS

The Retail Property at 54 Hamble Ln, Southampton, SO31 4JS is currently available For Sale. Contact Primmer Olds UK Ltd for more information.

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54 Hamble Ln
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Dominic Arkell

+44 23 8022 2292

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Rose-Anna Liddiard

+44 23 8022 2292

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