434 Bitterne Road,, Bitterne Village, Southampton | Property for sale | Savills
Guide price £350,000(€412,987)

434 Bitterne Road,Bitterne Village, Southampton

  • New
  • Sole agency
  • Freehold
Investment
Yield 10%Yield

Key features

  • Of interest to investors
  • Freehold Healthcare Investment
  • Entire property Let to NHS Foundation Trust
  • Investment let at £35,000 pa (10% on Guide Price)
  • Nearby occupiers include Lloyds Bank, Pure Gym and Iceland

Of interest to investors. Freehold Healthcare Investment. Investment let at £35,000 pa (10% on Guide Price)

About this property

  • The property comprises a two storey building arranged as a ground and first floor health clinic hub.

Local information

  • Southampton is the main commercial and administrative centre of Hampshire and is located 70 miles south-west of Central London. Bitterne is a suburb located to the east of the City Centre. The city benefits from excellent road communications via the M27 and M3 Motorways. Bitterne Rail Station provides regular services to London via Southampton. The property is situated on the south side of Bitterne Road fronting the pedestrianised section, in the heart of the retail area. Nearby occupiers include Lloyds Bank, Pure Gym, Iceland and Superdrug, amongst others.

Additional information

  • The entire property is let to Southern Health NHS Foundation Trust for a term of 10 Years from 4th July 2022 at a current rent of £35,000 p.a. and the lease contains full repairing and insuring covenants. Rent review linked to RPI in the 5th Year. Tenant option to determine in the 5th Year with minimum 6 months notice. Lease within Landlord & Tenant Act 1954.

All content © copyright Savills. All rights reserved. Savills plc is a holding company, subsidiaries of which are authorised and regulated by the Financial Conduct Authority (FCA) Savills (UK) Limited. A subsidiary of Savills plc. Registered in England No 2605138. Registered office: 33 Margaret Street, London, W1G 0JD. Savills Commercial Limited. A subsidiary of Savills plc. Registered in England No 2605125. Registered office: 33 Margaret Street, London, W1G 0JD Savills Italy S.r.l. a sole quota-holder company, registered office in Milano, Via Manzoni 37, registered with the Company Register of Milan at No 07171511004, subject to management and coordination of the parent company Savills Plc., pursuant to Article 2497-bis of the Italian Civil Code. Savills Italia S.r.l. a sole quota-holder company, registered office in Milano, Via Manzoni 37, registered with the Company Register of Milan No 07541860156, subject to management and coordination of the parent company Savills Plc., pursuant to Article 2497-bis of the Italian Civil Code.

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