Commercial Property in SO14 available for sale
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Petrol Stations for Sale near the SO14, Southampton

Retail Properties for Sale Near the SO14, Southampton

More details for 112-118 Bevois Valley Rd, Southampton - Retail for Sale

112-118 Bevois Valley Rd

Southampton, SO14 0JZ

  • Retail for Sale
  • £1,500,000
  • 12,350 sq ft

Southampton Retail for Sale

* Attention Investors - Looking for an 8% yield* <br /><br />An exciting opportunity to purchase the freehold of a commercial premises containing a world renowned Nightclub, wine bar and an 11 bedroom HMO.<br /><br />The current owners first opened Clowns in 1987 before buying Jesters two years later and alongside their sons have created a world famous bar and nightclub that has been the destination for thousands, being affectionately dubbed the "Palace of Dreams”.<br /><br />The Official Clowns and Jesters Facebook group has 7.6K follows a testament to how well loved this venue is. <br /><br />The current owners will grant a new 10 year lease on the Bar & nightclub at a rent of £48,000 P.A <br />The HMO has the potential of a Gross income of around £100,000 P.A<br /><br />Combined gross potential of £148,000 P.A<br /><br />Providing the new owner a substantial income generating investment from day one at around an 8% yield.<br /><br />Viewings strictly by appointment only.<br /><br /><b>Aml</b> - Agents are required by law to conduct anti-money laundering checks on all those buying a property. <br /><br />We outsource the initial checks to partner suppliers Coadjute who will contact you once you have had an offer accepted on a property you wish to buy. <br /><br />The cost of these checks is £48inc vat per person. This is a non-refundable fee. <br /><br />These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required. <br /><br />This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.<br /><br /><b>Material Information - Southampton</b> - Tenure Type; Freehold<br />Council Tax Banding; N/A<br /><br />

Contact:

Hunters Estate Agents

Property Subtype:

Shopfront Retail / Residential

Date on Market:

19/06/2025

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