Retail in Shirrell Heath available for sale
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Retail Properties for Sale near Shirrell Heath, Southampton

Retail Properties for Sale Within 5 miles of the Shirrell Heath, Southampton

More details for 98 West St, Fareham - Retail for Sale

98 West St

Fareham, PO16 0EP

  • Retail for Sale
  • £170,000
  • 1,393 sq ft
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More details for 110-112 West St, Fareham - Retail for Sale

110-112 West St

Fareham, PO16 0EP

  • Retail for Sale
  • £925,000
  • 2,586 sq ft
  • Energy Performance: C

Fareham Retail for Sale

The property is a modern three storey building having been constructed under a flat roof in the mid-sixties, of brick construction with a title hung front elevation. The ground floor is let to MR P’S CLASSIC AMUSEMENT LIMITED on a full repairing and insuring lease for a term of 10 years from 28th March 2025 subject to an upward only rent review at the end of the fifth year at an initial rent of £35,000 per annum exclusive with a fixed increase to £40,000 per annum exclusive on the 28th March 2027 with a minimun increase to £45,000 per annum exclusive on the rent review due 28th March 2030 . A rent deposit equivalent to six months rent plus VAT (£21,000) is held The first/second floors are let to THE GUINNESS PARTNERSHIP LIMITED on a full repairing and insuring lease for a term of 40 years commencing from 5th August 1998 at a rent of £26,254 per annum exclusive being subject to annual increases in line with the increase in the Retail Price Index. The first and second floors were let in shell condition on a long lease to The Guinness Partnership Limited, who created five residential flats, each comprising one bedroom, reception room, kitchen and bathroom/wc. THE ENTIRE PROPERTY PRESENTLY PRODUCES AN INCOME OF £61,254 PER ANNUM EXCLUSIVE WHICH WILL INCREASE TO £66,254 PER ANNUM EXCLUSIVE ON THE 28TH MARCH 2027 AND TO £71,254 PER ANNUM EXCLUSIVE ON THE 28TH MARCH 2030.

Contact:

Warrant Properties Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

14/03/2025

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More details for Winchester Rd, Waltham Chase - Retail for Sale

The Anatolian - Winchester Rd

Waltham Chase, SO32 2LL

  • Retail for Sale
  • £625,000
  • 2,458 sq ft
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More details for High St, Bishops Waltham - Retail for Sale

A E Jannaway Building - High St

Bishops Waltham, SO32 1AA

  • Retail for Sale
  • £695,000
  • 1,698 sq ft
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FAQs About Retail Property For Sale in Shirrell Heath

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Shirrell Heath?
There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Shirrell Heath?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Shirrell Heath, Southampton

With 0 retail units currently available for sale in Shirrell Heath, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Shirrell Heath, 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 Shirrell Heath, 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 Shirrell Heath 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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