LOCATION
The premises are located in the centre of Hythe which is a busy, historic waterside village on the western shores of Southampton Water and on the edge of the New Foret. There is a regular 10 minutes pasenger ferry service between Hythe Pier and Southampton Town Quay.
DESCRIPTION
Prominent two and three storey building providing 5 shops each with a parking space to the rear and 8 flats [4 x 2 bedroomed, 2 x 1 bedroomed and 2 bedsits] which were comprehensively refurbished in 2014.
One shop, 8 The Marsh, is currently vacant and available to let at £10,000 pax. The remaining four shops, let to Cards For All Occasions, Save The Children Fund, Thomas Cook and Paul Jeffreys Estate Agents produce £50,220 pax whilst the flats produce £48,780 pax.
PRICE
£1,400,000 [VAT is not currently charged].
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4177C
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