Retail in SO16 available for sale
1

Retail Property for Sale near SO16, Southampton

Find Retail Property for sale in SO16 that meets your business or investment goals

More details for 112 Shirley High St, Southampton - Retail for Sale

112 Shirley High St

Southampton, SO16 4EZ

  • Retail for Sale
  • £635,000
  • 1,713 sq ft
  • Smoke Detector

Southampton Retail for Sale

An excellent opportunity to acquire a well located mixed-use investment comprising a ground floor retail unit let to a highly established tenant, alongside a first floor residential development opportunity with significant value-add potential. The ground floor is let to Landmark Entertainments Ltd, trading as Richmond Leisure, a long-standing adult gaming centre operator who have traded from the premises for over 35 years. The tenant will enter into a new 15-year FRI lease (tenant break at year 10) at an initial rent of £27,000 per annum, with 5-yearly upward only rent reviews. A rent deposit will be provided, and strong full company accounts are available upon request. The first floor is currently arranged as a spacious 2-bedroom flat to the front and office accommodation to the rear. A planning process initiated in 2019 proposed reconfiguration of the upper parts to create 2 x 1-bedroom flats and 2 x studio flats. Architect's plans and historic planning documents are available upon request. Once developed, the flats are anticipated to generate a rental income in excess of £36,500 per annum. The premises are available freehold with the benefit of the new lease at a rent of £27,000 per annum. Flat rental income upon development completion is estimated at £36,500 per annum. Offers are invited in excess of £635,000. Subject to Planning offers will be considered.

Contact:

Keygrove Chartered Surveyors

Property Subtype:

Shopfront

Date on Market:

29/04/2025

Hide
See More

Retail Properties for Sale Within 5 miles of the SO16, Southampton

More details for 352 Portswood Rd, Southampton - Retail for Sale

352 Portswood Rd

Southampton, SO17 3SB

  • Retail for Sale
  • £325,000
  • 975 sq ft
See More
More details for 1 Manor Farm Rd, Southampton - Retail for Sale

1 Manor Farm Rd

Southampton, SO18 1NN

  • Retail for Sale
  • £525,000
  • 2,573 sq ft

Southampton Retail for Sale

Freehold. Our client is seeking to dispose of the property guiding £525,000 or alternatively may consider leasing. Rental offers are invited in the region of £40,000 per annum with terms to be agreed. The application of VAT is to be confirmed. A semi-detached former bank premises arranged over two floors above street level. The property is of mainly brick construction with timber frame extensions at first floor all under multiple flat roofs. The property benefits from entry points located to the front main street and two opposing side passageways. At ground floor is an open plan “hall” which leads to a secondary room to the rear with a bar counter, accessible WC and cloakroom. The first floor is accessible via an internal staircase and provides two sets of WCs, office and storage. In addition there is a private enclosed terrace extending to approximately 484 sqft (45 sqm). We understand the property benefits from planning permission for change of use from restaurant to a community/cultural centre (class D1/D2) and that this should permit use under Class F.2 (local community) and Class F.1 (learning and non-residential institutions), under The Town and Country Planning (Use Classes) Order 1987 (as amended). *We recommend interested parties satisfy themselves on permitted use against any proposed use. The property is not listed nor in a conservation area. We understand the property benefits from a premises licence permitting the sale of alcohol and other activities including entertainment. The property is located in the Bitterne Park suburb on the banks of the River Itchen, approximately 2.6 miles north-east of Southampton City Centre and 1.0 mile east of Portswood. The property benefits from a prominent position at the merging point of Manor Farm Road and Cobden Avenue at Bitterne Park Triangle close to Cobden Bridge. Junction 5 (M27) is 2.1 miles to the north and Bitterne train station is 0.6 miles to the south. The area is well connected to the eastern suburbs including Hedge End and Botley. The immediate area comprises a mix of commercial retail parades and densely populated residential.

Contact:

Savills

Property Subtype:

Shopfront

Date on Market:

30/04/2026

Hide
See More
More details for 4 Winchester Rd, Romsey - Retail for Sale

Bishop's Blaize - 4 Winchester Rd

Romsey, SO51 8JA

  • Retail for Sale
  • £495,000
  • 610 sq ft

Romsey Retail for Sale

We are seeking offers on an unconditional basis for the freehold interest with vacant possession in the order of £495,000 + VAT. The property is held freehold under two titles; Freehold (HP516618) The Bishops Blaize Inn Public House Freehold (HP648801) Land on the south west side of The Bishops Blaize Inn Public House. The property comprises ground, first and second floors of a three storey detached building with painted brick and rendered elevations beneath a multi mixed pitched roof of slate tile and synthetic construction. The building is Grade II Listed and was constructed in 1708 with alterations and extensions to the rear since. It currently operates as a wet led (100%) sports bar at present. Located in the market town of Romsey in the county of Hampshire, 8.5 miles (10.8 kilometres) north west of Southampton, 16.8 miles (27 kilometres) east of Salisbury and south west of Winchester 13.5 miles (21.7 kilometres). Bishops Blaize is situated fronting Winchester Road (A3057), with the site positioned on the corner with Alma Road. The site sits adjacent to Shell PFS and Romsey Fire Station nearby. Provided easy access to local shops, services and attractions. The town is well-connected by A3057 road, linking to the M27 motorway approximately 4.3 miles (7 kilometres) south, offering routes to Southampton and Portsmouth. Romsey train station is north of the property 0.3 miles (0.5 km), providing connections to Salisbury, Portsmouth Harbour, Redbridge and Chandlers Ford, using the GWR and South Western Railway services.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

26/02/2026

Hide
See More
More details for 2A Peveril Rd, Southampton - Retail for Sale

2A Peveril Rd

Southampton, SO19 2DW

  • Retail for Sale
  • £240,000
  • 443 sq ft
See More
More details for 399 Shirley Rd, Southampton - Retail for Sale

399 Shirley Rd

Southampton, SO15 3JD

  • Retail for Sale
  • £850,000
  • 484 sq ft

Southampton Retail for Sale

Investment Consideration: Rental Income: £56,560 p.a. + 2 vacant studio flats ERV: £75,640 p.a. GIY: 8.90% 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 an Individual t/a Nail Salon for a term of 15 years from 6th May 2026 at a current rent of £16,000 per annum and the lease contains full repairing and insuring covenants. Rent review every 5 years linked to RPI. Tenant option to determine in 5th year only with minimum 6 months notice. Deposit held of £4,000. 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

Hide
See More
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
See More

FAQs About Retail Property For Sale in SO16

See All Retail Spaces For Sale
How many retail properties are currently available for sale in SO16?
There are currently 1 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 SO16?
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 SO16, Southampton

With 1 retail units currently available for sale in SO16, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in SO16, 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 SO16, 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 SO16 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

LoopNet - the worlds No. 1 commercial property marketplace.