About this listing

Prominent Mixed-Use Building with Tremendous Development Potential

These two adjoining buildings offer a double retail unit, together with two, first floor three-bedroom maisonettes, a substantial rear garden/yard, all with development potential, subject to the usual planning consents.
Additionally, there are two rooms and a bathroom / toilet to the rear of each building, plus a detached office/workroom and single storey storage facility.
The retail unit has in recent years been the subject of general refurbishment, having suspended ceilings, air conditioning, a burglar alarm system, and modern tiled flooring.
The two upper floor residential units, currently approached via a lane to the rear, each provide generously proportioned three bedrooms with bathroom.
There is a substantial rear garden, laid partly to lawn with a central concreted path providing access to double timber gates and lane to the rear.
In our opinion, the retail unit is capable of subdivision to maximise the rental income. We would also recommend the installation of two ground floor personnel doors to provide access to the first-floor residential accommodation.

The approximate gross internal floor areas of the retail unit are as follows:
Shop unit 925 square feet / 85.93 square metres.
Gross frontage 37/6”
Shop width (max) 35/6”
Shop depth (max) 30/0”

Location

This attractive building is located close to the busy Foyes Corner, and therefore on a major arterial route into the City Centre, amongst a variety of retailers including a Co-operative convenience store, Lidl, Tesco, Tax Consultants, Office Suppliers, Hardware shops, Banks, and such like facilities.
Access to the M.27 (Junction 3) is within about two and a half miles allowing quick and easy access to all parts of the Solent region and further a-field via the national motorway network.