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Investment for sale

7-9 Church Street, Romsey, Hampshire, SO51 8BT
Contact Agent
Call Agent 023 8022 2292
Primmer Olds Southampton
Marketed by
Primmer Olds Southampton
61 Cromwell Rd, Southampton SO15 2JE, UK
Properties for sale Properties to let
Available
7-9 Church Street, Romsey, Hampshire, SO51 8BT
7-9 Church Street, Romsey, Hampshire, SO51 8BT
7-9 Church Street, Romsey, Hampshire, SO51 8BT
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Guide Price
£395,000
7-9 Church Street, Romsey, Hampshire, SO51 8BT

723 sq. ft (67.17 m²)

Contact Agent Call Agent 023 8022 2292

Key features

  • Two Retail Shop Units
  • £395,000 for the Freehold
  • Attractive Net Initial Yield 8%
  • Total Current Annual Income £33,000, increasing to £34,000
  • Residential Uppers Sold Off On Long Leasehold
  • Ideal Trading Position
  • Affluent Market Town
  • Option to Purchase the Whole to Include the Uppers

Description

Romsey is an affluent market town located in Hampshire. The town has easy access to Winchester (9.5 miles northeast), Southampton (7.5 miles south-east) and the New Forest via A3090, M271 and M27 respectively.
The location offers a comprehensive selection of commercial premises including retail shops, restaurants, cafés and beauty salons. Major national retailers nearby include Boots, Waterstones and TSB.
The asset is well positioned just off the prime position of Market Place and well located for nearby car parks, Romsey Abbey, excellent public transport links and benefits from good footfall along the main retail area.
The property comprises a centre terraced building of traditional brick construction beneath a pitched slate tiled main roof. It provides two well configured lock up shops at ground level, with extensive glass frontage and rear access.
The uppers are a self-contained two level residential flat which is sold off separately.
Reference: 6867_sales
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All commercial properties for sale in Romsey
Primmer Olds Southampton
Marketed by
Primmer Olds Southampton
61 Cromwell Rd, Southampton SO15 2JE, UK
Properties for sale Properties to let

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