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399 Shirley Rd 484 sq ft Vacant Retail Property Southampton SO15 3JD £850,000 (£1,756.20/sq ft)
Executive Summary
Rental Income: £52,560 p.a. + 2 vacant studio flats
ERV: £71,640 p.a. GIY: 8.43%
VAT is NOT applicable to this property
Comprises 1 x Retail Shop, 1 x 2-Bed and 5 x Studio Flats
Total retail area: 45 sq m (484 sq ft)
Total residential area: 152 sq m (1,636 sq ft)
Situated right opposite a bus station that offers direct transportation links to Southampton City Centre via bus.
Nearby occupiers include McDonalds, Halifax, Lidl, The Gym Group, Pharmacy, Barbers and Restaurants, amongst others.
Property Description:
Mid-terrace building comprising 1 x Retail Shop, 1 x 2-Bed Flat and 5 x Studio Flats. The residential flats have been newly developed/converted in 2022 to a high standard, providing the following accommodation and dimensions:
Ground Floor:
Shop - 45 sq m (484 sq ft)
Rear Ground Floor:
Studio 1 - 17 sq m (183 sq ft)
Double bed, Kitchen, Bathroom
Studio 2 - 17 sq m (183 sq ft)
Double bed, Kitchen, Bathroom
Studio 3 - 17 sq m (183 sq ft)
Double bed, Kitchen, Bathroom
First Floor:
Studio B - 26 sq m (280 sq ft)
Double bed, Kitchen, Bathroom
Studio C - 22 sq m (237 sq ft)
Double bed, Kitchen, Bathroom
Second Floor:
Flat A - 53 sq m (570 sq ft)
2 Bedrooms, Kitchen, Living Room, Bathroom
Tenancy:
The ground floor shop is at present let to RJ Foods Express for a term of 5 years from 22nd September 2021 at a current rent of £12,000 per annum and the lease contains full repairing and insuring covenants.
Studio 1 is at present vacant. ERV: £9,720 p.a.
Studio 2 is at present let on AST to and Individual for a term of 12 Months from 5th December 2025 at a current rent of £9,480 p.a. Deposit held of £800.
Studio 3 is at present let on AST to and Individual for a term of 12 Months from 27th December 2025 at a current rent of £8,880 p.a. Deposit held of £853.
Studio B is at present vacant. ERV: £9,360 p.a.
Studio C is at present let on AST to and Individual for a term of 6 Months from 17th December 2025 at a current rent of £8,400 p.a. Deposit held of £778.
Flat A is at present let to an Individual for a term of 6 Months from 30th August 2025 at a current rent of £13,800 p.a. Deposit held of £1,326.
Location:
Shirley is a broad district and a former village on the western side of Southampton, England. Shirley's main roles are retailing and residential. It is the most important suburban shopping area in the west of the city. The property is situated right opposite a bus station that offers direct transportation links to Southampton City Centre. Occupiers nearby including McDonalds, Halifax, Lidl, The Gym Group, Pharmacy, Barbers and Restaurants, amongst others.
Property Facts
Amenities
- Bus Route
- Dedicated Turn Lane
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Property Features: Comprises ground floor retail shop Suitable for variety of uses (Class E) VAT is NOT applicable to this property Available on a new lease with flexible terms Situated right opposite a bus station that offers direct transportation links to Southampton City Centre via bus. Nearby occupiers include McDonalds, Halifax, Lidl, The Gym Group, Pharmacy, Barbers and many more. Property Description: Comprises ground floor retail shop, providing the following accommodation and dimensions: Ground Floor: 45 sq m (484 sq ft) Open plan retail, kitchen, storage, wc Terms: Available on a new lease with terms to be agreed by negotiation Rent: £298.15 per week (PCM: £1,292) Deposit: £3,876 (3 Months) Rateable Value: Rateable Value - £9,800 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a D Rating. Certificate and further details available on request. Location: Shirley is a broad district and a former village on the western side of Southampton, England. Shirley's main roles are retailing and residential. It is the most important suburban shopping area in the west of the city. The property is situated right opposite a bus station that offers direct transportation links to Southampton City Centre. Occupiers nearby including McDonalds, Halifax, Lidl, The Gym Group, Pharmacy, Barbers and Restaurants, amongst others.
| Space | Size | Space Use | Position | Available |
| Ground | 484 sq ft | Retail | - | Now |
Ground
| Size |
| 484 sq ft |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Ground
| Size | 484 sq ft |
| Space Use | Retail |
| Position | - |
| Available | Now |
Property Features: Comprises ground floor retail shop Suitable for variety of uses (Class E) VAT is NOT applicable to this property Available on a new lease with flexible terms Situated right opposite a bus station that offers direct transportation links to Southampton City Centre via bus. Nearby occupiers include McDonalds, Halifax, Lidl, The Gym Group, Pharmacy, Barbers and many more. Property Description: Comprises ground floor retail shop, providing the following accommodation and dimensions: Ground Floor: 45 sq m (484 sq ft) Open plan retail, kitchen, storage, wc Terms: Available on a new lease with terms to be agreed by negotiation Rent: £298.15 per week (PCM: £1,292) Deposit: £3,876 (3 Months) Rateable Value: Rateable Value - £9,800 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a D Rating. Certificate and further details available on request. Location: Shirley is a broad district and a former village on the western side of Southampton, England. Shirley's main roles are retailing and residential. It is the most important suburban shopping area in the west of the city. The property is situated right opposite a bus station that offers direct transportation links to Southampton City Centre. Occupiers nearby including McDonalds, Halifax, Lidl, The Gym Group, Pharmacy, Barbers and Restaurants, amongst others.
Nearby Major Retailers
Presented by
399 Shirley Rd
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