TypeGround Rents · Training & Welfare Investments
TenureFor sale
This freehold interest includes a two storey commercial property offering a comprehensive level of accommodation.
The ground floor has been split into two separate commercial units, one being a dentist and the other a dental laboratory. There is a reception, an office and multiple treatment rooms. Outside at the rear there is a decked area with access to the basement store.
The first floor element of the building comprises of two one-bedroom flats which are accessed via a communal stairwell from the front door and have been sold off on long lease holds.
Ground Floor 868 Sq Ft (80.70 Sq M)
Basement 484 Sq Ft (44.94 Sq M)
Total Net Internal Area 1352 Sq Ft (125.64 Sq M)
We believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafex5, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
Asset Rating - E (101)
Rateable Value £19,000
Source www.gov.uk/find-business-rates
Offered for sale by traditional auction with a guide price of £140,000 subject to contract for the freehold interest subject to subsisting tenancies. Auction end date is 10th September 2026. We understand VAT is not applicable however all parties are advised to make their own enquiries into the matter.
Investment Opportunity
Auction End Date 10th September 2026
Two Storey Commercial Unit
Freehold
Rental Income of £14,300 per Annum plus Ground Rent
Busy Local Parade Location
The property forms part of Bitterne Triangle, which is the hub of the Bitterne Park community, offering a number of independent and national retailers. This well-established commercial parade is ideally placed for trade and close to local amenities, with the nearby River Itchen and travel network routes to the city centre and surrounding areas.