Available
Southampton – Vacant Mixed-Use with Planning for 4 Flats & 1 Shop
30 Victoria Road, Woolston, Southampton SO19 9DXFreehold Vacant Takeaway with Residential Development Opportunity
Price
£450,000
Rent P.A.
Vacant
Tenure
Freehold
Area
2,250 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Vacant possession
- VAT is NOT applicable to this property
- Comprises ground floor takeaway with ancillary at lower ground floor and internally accessed 3-bed flat at first and second floor
- Planning approved for erection of a 3-storey rear extension to facilitate conversion into 4 x 1-bed flats with associated refuse/cycle storage and retention of commercial unit
- Nearby occupiers include Subway, Co-Op Food, Superdrug, Admiral Casino and more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises fully equipped ground floor takeaway shop with ancillary at lower ground floor and 3-bedroom flat at first and second floor providing the following accommodation and dimensions:
Ground Floor: Lobby, Counter, Commercial Kitchen, WC
Lower Ground Floor: Storage, Bathroom/WC,
First Floor: 1 Double and 1 Single Bedroom, Living Room, Bathroom/WC
Second Floor: 1 Double Bedroom
Total existing NIA: 209 sq m (2,250 sq ft)
Development Opportunity:
Planning approved for erection of a 3-storey rear extension to facilitate conversion into 4 x 1-bed flats with associated refuse/cycle storage and retention of commercial unit and shopfront alterations. The property would provide the following accommodation and dimensions:
Lower Ground:
Shop Ancillary - 33 sq m (355 sq ft)
Flat 1 (1-Bed) - 40 sq m (430 sq ft)
Ground Floor:
Retail Shop - 23 sq m (247 sq ft)
Flat 2 (1-Bed) - 37 sq m (398 sq ft)
First Floor:
Flat 3 (1-Bed) - 37 sq m (398 sq ft)
Flat 4 (1-Bed) - 60 sq m (646 sq ft)
Kitchen/living room
Second Floor:
Flat 4 (1-Bed) bedroom
Total Residential Area: 174 sq m (1,872 sq ft)
Total Retail Area: 56 sq m (603 sq ft)
Ground Floor: Lobby, Counter, Commercial Kitchen, WC
Lower Ground Floor: Storage, Bathroom/WC,
First Floor: 1 Double and 1 Single Bedroom, Living Room, Bathroom/WC
Second Floor: 1 Double Bedroom
Total existing NIA: 209 sq m (2,250 sq ft)
Development Opportunity:
Planning approved for erection of a 3-storey rear extension to facilitate conversion into 4 x 1-bed flats with associated refuse/cycle storage and retention of commercial unit and shopfront alterations. The property would provide the following accommodation and dimensions:
Lower Ground:
Shop Ancillary - 33 sq m (355 sq ft)
Flat 1 (1-Bed) - 40 sq m (430 sq ft)
Ground Floor:
Retail Shop - 23 sq m (247 sq ft)
Flat 2 (1-Bed) - 37 sq m (398 sq ft)
First Floor:
Flat 3 (1-Bed) - 37 sq m (398 sq ft)
Flat 4 (1-Bed) - 60 sq m (646 sq ft)
Kitchen/living room
Second Floor:
Flat 4 (1-Bed) bedroom
Total Residential Area: 174 sq m (1,872 sq ft)
Total Retail Area: 56 sq m (603 sq ft)
Tenancy Description
The entire property is at present vacant. ERV: £35,000 per annum.
Location Description
Woolston is a suburb of Southampton, Hampshire, located on the eastern bank of the River Itchen. It is bounded by the River Itchen, Peartree Green, Itchen and Weston. The property is located within short walk to Woolston Station with occupiers nearby including Subway, Co-Op Food, Superdrug, Admiral Casino and more.
