Commercial Property in SO51 available for sale
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Commercial Properties for Sale near the SO51, Romsey

Explore the Latest SO51 Commercial Property for Sale

More details for 21-21A Market Pl, Romsey - Office for Sale

Market Chambers - 21-21A Market Pl

Romsey, SO51 8NA

  • Office for Sale
  • £820,000
  • 3,614 sq ft
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More details for Winchester Rd, Ampfield - Land for Sale

Winchester Rd

Ampfield, SO51 9BQ

  • Land for Sale
  • £850,000
  • 0.33 ac Plot
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Commercial Properties for Sale Within 5 miles of the SO51, Romsey

More details for 133-145 Botley Rd, North Baddesley - Retail for Sale

133-145 Botley Rd

North Baddesley, SO52 9EB

  • Retail for Sale
  • £1,295,000
  • 5,301 sq ft
  • Security System

North Baddesley Retail for Sale

The property is located in a densely populated residential area 2.9 miles east of Romsey Town Centre and 6.3 miles north of Southampton City Centre. The property occupies a prominent position on Botley Road, the main A27 linking Southampton to Romsey. The site is located next to Baddesley Industrial Park. Prominent commercial site investment The property comprises a prominent commercial site consisting of a front car wash unit with ground floor reception / waiting area and first floor offices, plus an attached self-contained industrial unit occupied for the purpose of vehicle workshop and MOT testing station. The site benefits from a two points of access from Botley Road, one of which is via an easement with the adjacent industrial estate. The vehicle repair and MOT testing station is let to SJP Independent Garage Specialist Limited for a term of 10 years from 01 November 2022 at a passing rent of £35,000 per annum exclusive, subject to open market upward only rent review and tenant only break option on the 5th anniversary. The car wash demise is currently let by way of a Tenancy at Will. The occupier is prepared, subject to contract, to enter into a new 10 year lease at a rent of £60,000 per annum exclusive. Alternatively, that section of the site can be purchased with vacant possession. Site plans available on request. Site size 0.51 acres Prominent highly visible roadside site Scope for alternative uses (STP) Freehold Title Option 1: Fully income generating investment (£95,000p.a.) Option 2: Part income producing vehicle workshop (£35,000 p.a.) and vacant possession of car wash

Contact:

Hellier Langston Ltd

Property Subtype:

Vehicle Repair Garage

Date on Market:

04/10/2024

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More details for Eddystone Rd, Totton - Industrial for Sale

Oculis House - Eddystone Rd

Totton, SO40 3SA

  • Industrial for Sale
  • £1,000,000
  • 37,411 sq ft
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FAQs about Commercial Properties For Sale in SO51

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How many Commercial Property listings are available for sale in SO51?
There are currently 3 Commercial Properties available for sale near SO51. These SO51 Commercial Property listings have an average size of. The largest available listing in SO51 is. The thriving commercial centre and excellent transport links in SO51 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in SO51?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in SO51 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in SO51?
There is a diverse range of commercial properties available in SO51 to suit various business needs. SO51 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 3 SO51 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the SO51, Romsey

You searched for commercial property for sale in SO51. Explore 3 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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