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Shops, Retail Investments, Residential Investments, Development - Residential, Apartments for Sale
Southampton Road / Leigh Road, Eastleigh, SO50
Let/Sold 7,595 sf
Shops, Retail Investments, Residential Investments, Development - Residential, Apartments for Sale
Southampton Road / Leigh Road, Eastleigh, SO50
Let/Sold
· Guide Price - £950,000
· Current rental income - £47,140 pa
· Appealing character property
· Directly opposite Eastleigh Railway Station
· Vacant former bank of 4,867 Sq. Ft. over three floors (ERV £45,000 pa)
· Two additional retail units and four residential dwellings
· Opportunity to redevelop/convert bank, STP
· Front and rear access, with some off-road parking
· Highly visible plot on corner of Southampton Road & Leigh Road
· Close to Coffee #1, Sainsbury’s, HSBC, Lloyds, Boots
· Public car parks nearby
Located on a highly-visible corner plot, the subject property is a substantial and striking three storey building of brick and stone elevations beneath a pitched and tiled roof with dormer windows, featuring an ornate moulded cornice and benefiting from a glazed canopy over the pavement.
The premises consist of a vacant former bank, two ground floor commercial units and four residential units. We feel that the bank could be repurposed in a number of ways and, with the necessary consents, lends itself to residential redevelopment in part, at least.