Commercial Property in New Milton available for sale
8

Shopfront Properties for Sale near the New Milton, UK

Shopfront Properties for Sale Within 10 miles of the New Milton, UK

More details for 15-17 Market St, Eastleigh - Retail for Sale

15-17 Market St

Eastleigh, SO50 5RH

  • Retail for Sale
  • £500,000
  • 2,975 sq ft
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More details for 187A West St, Fareham - Retail for Sale

187A West St

Fareham, PO16 0EN

  • Retail for Sale
  • £175,000
  • 968 sq ft
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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

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

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More details for 77-79 Brockhurst Rd, Gosport - Retail for Sale

77-79 Brockhurst Rd

Gosport, PO12 3AR

  • Retail for Sale
  • £185,000
  • 2,194 sq ft
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FAQs about New Milton Shopfront Properties For Sale

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How many Shopfront listings are available for sale in New Milton?
There are currently 0 Shopfront Properties on the market in and around New Milton.
How much does it cost to buy Shopfront in New Milton?
Asking prices in New Milton range based on market conditions.

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