Retail in SO40 available for sale
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Retail Properties for Sale near the SO40, Lyndhurst

Explore the Latest SO40 Retail Properties for Sale

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

Retail Properties for Sale Within 5 miles of the SO40, Lyndhurst

More details for 399 Shirley Rd, Southampton - Retail for Sale

399 Shirley Rd

Southampton, SO15 3JD

  • Retail for Sale
  • £925,000
  • 484 sq ft

Southampton Retail for Sale

Investment Consideration: Rental Income: £52,560 p.a. + 2 vacant studio flats ERV: £71,640 p.a. GIY: 7.74% 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.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Office

Date on Market:

08/01/2026

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More details for 7-21 Romsey Rd, Lyndhurst - Retail for Sale

7-21 Romsey Rd

Lyndhurst, SO43 7AA

  • Retail for Sale
  • 3,668 sq ft
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More details for 118 Shirley Rd, Southampton - Retail for Sale

118 Shirley Rd

Southampton, SO15 3FD

  • Retail for Sale
  • £250,000
  • 775 sq ft
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FAQs about Retail property for sale in SO40

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in SO40?
There are currently 2 Retail Properties available for sale near SO40. These SO40 Retail Property listings have an average size of. The largest available listing in SO40 is. The thriving commercial centre and excellent transport links in SO40 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in SO40?
The average price/SF for Retail Property for sale in SO40 is about. The cost per sq ft for Retail Property in SO40 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in SO40?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in SO40?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in SO40 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the SO40, Lyndhurst

With 2 retail units currently available for sale in SO40, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in SO40, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in SO40, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in SO40 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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