2-12 Ashdown Road

  • For Sale
  • Eastleigh
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Available
  • 2-12 Ashdown Road, 
  • Chandler's Ford, 
  • Eastleigh, 
  • Hampshire, 
  • SO53 5RD
  • 4719
  • to 4719 sq ft
  • Investment 
  • / Residential 
  • / Retail 
Price: £1,750,000
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EPC

Contact

Tom Holloway

Tom Holloway

Tel: 023 9237 7800

Mobile: 07990051230

Email: tom@hi-m.co.uk

Key Features

  • Parade Anchored by New Reversionary Lease to Tesco Stores Ltd
  • 100% Occupied
  • Self Contained
  • Customer Car Parking for Approx 23 Cars
  • Within Densely Populated Area

Description

The building is an effective end of terrace building consisting of a mix development with ground floor commercial retail units (x4) and first floor flats (x6) above. To the front of the building there is parking for the retail units with access at the rear for loading/unloading and pedestrian access to the flats. It is worth noting that Tesco Stores Ltd have taken a 15 year reversionary from 1st January 2028, giving a term certain of approximately 12 years.

Location

This site is situated towards the southern end of Ashdown Road between the junctions with Sycamore Avenue and Hiltonbury Road to the south. The site has relatively easy access to the M3 with Chandlers Ford town centre a short distance to the south. The area is predominantly a neighbourhood district with excellent connectivity to the M3 motorway leading northbound towards London and south towards Southampton and the M27 which leads west towards Bournemouth and east towards Portsmouth and Chichester.

Terms

The Freehold is available with the benefit of the site being let to multiple tenants at a price of £1,750,000. This represents a gross yield of 6.55% Please see tenancy schedule attached for further information on the tenancies.

Business Rates / Council Tax

Unit 2 – Rateable Value £6,000 pa Unit 4 – Rateable Value £5,600 pa Unit 6 – Rateable Value £5,800 pa Unit 8-12 – Rateable Value £30,250 pa Flats 2a – 12a – All fall within Band B for Council Tax Source – Valuation Office Website – You are advised to make your own enquires in this regard.

Other Costs

Estate Service Charge & Insurance will be payable Legal Costs – Each party to bear their own costs incurred in the transaction VAT – Unless stated otherwise all costs and prices are exclusive of VAT

Available Area

Name Sq Ft Sq M Rent Availability
Unit - 4659--Available
Unit - 6628--Available
Unit - 8-122,856--Available
1st - Flat 2a576--Available
1st - Flat 4a576--Available
1st - Flat 6a662--Available
1st - Flat 8a662--Available
1st - Flat 10a662--Available
1st - Flat 12a662--Available

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You can contact one of our agents by phone, email, or complete the form below.


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