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Studio, in 94 Alfriston Gardens, £150,000
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0 bed property

94 Alfriston Gardens, Southampton, Hampshire, SO19 8FU
£150,000
AuctionFreehold

The property is a freehold retail investment located in Alfriston Gardens, Southampton, Hampshire. It comprises a well-configured ground floor retail unit with three aisles, extensive shelving, and chiller cabinets. The shop measures over one level, with a substantial stock room and W/C facilities to the rear. The property benefits from consistent local footfall and is currently occupied by an established tenant, Family Shopper, generating a steady income of £14,000 per annum. The freehold of the entire building includes a three-bedroom maisonette situated above the shop, sold on a long lease, offering reversionary interest. The building would benefit from some cosmetic and general improvement works, presenting potential for asset management and future value enhancement.