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30-30B Bedford Pl 966 sq ft 100% Let Retail Property Southampton SO15 2DG £600,000 (£621.12/sq ft) 8% Net Initial Yield

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Investment Highlights

  • Large glazed frontage
  • Residential flats on the first floor
  • Investment opportunity

Executive Summary

This mid-terraced two-storey building, located in the bustling heart of Bedford Place, offers an excellent investment opportunity. Situated between Carlton Crescent and Carlton Place, this high-footfall area benefits from nearby office occupiers, student accommodation, and tourist traffic. The property includes two well-maintained lock-up shop units on the ground floor, with two newly formed, high-standard flats on the first floor, accessible from Bedford Place and Upper Bannister Street.
Recently refurbished, the building boasts updated roofing, windows, and modernised internal areas. With close proximity to key Southampton attractions, shopping malls, and transport links, this is a versatile commercial investment in a prime location.
Offers in the region of £600,000 are invited, subject to contract. This figure reflects a NIY of 8%.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
966 sq ft
Costar Property Class
B
Year Built
1830
Price
£600,000
Price per sq ft
£621.12
Yield
8%
NOI
£48,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.02
Total Plot Size
1.20 ac
Parking
2 Spaces (2.07 Spaces per 1,000 sq ft Leased)
Frontage
28 ft on Bedford Place

Nearby Major Retailers

Revolution
Starbucks
Sainsbury's
Nisa
Lloyds Bank
Co-op
Spar
Caffè Nero
Coffee #1
Costa Coffee
  • Listing ID: 34944688

  • Date on Market: 26/02/2025

  • Last Updated:

  • Address: 30-30B Bedford Pl, Southampton SO15 2DG

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