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197 Portswood Rd
Southampton SO17 2NF
Property For Lease
Highlights
- Premium of £90,000.
- YE 30/4/21 Net profit £54,936.
- Established business with loyal customers.
- EPC instructed.
- Busy high street location.
- Excellent gross profit margin.
- No Staff to transfer.
Property Facts
| Property Type | Retail | Gross Leasable Area | 1,752 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1890 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,752 SF |
| Year Built | 1890 |
About the Property
Description Portswood Hardware is a traditional family owned hardware shop which has been run in the same location for over 40 years. The business maintains steady trade from a loyal customer following. The opening hours are short and could easily be extended along with increasing the product lines stocked. There is 5 years remaining of the renewable 10 year lease. Location Portswood is a popular area close to the centre of Southampton. It is a largely residential area adjacent to the main campus of the University of Southampton, and as such more than a quarter of residents are students. The shop is located on Portswood road, a busy and thriving high street.
- Security System
- Storage Space
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