434 Bitterne Road,, Bitterne Village, Southampton | Property for sale | Savills
Guide price £300,000

434 Bitterne Road,Bitterne Village, Southampton

  • Sole agency
  • Freehold

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.