Savills · 21 Oct 2026 · in 2 days
High Yielding Mixed Use Investment
399 Shirley Road, Shirley, Southampton SO15 3JD · South East
LiveMixed-useFreeholdLet
- Guide
- £625,000
- Rent a year
- £67,120
- Yield on the guide
- 10.7%
- Payback
- 9.3 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- D
- Size
- 2,120 sq ft£31.66 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
D from the government EPC register, lodged 8 May 2021 (certificate 2184-5886-6021-2695-5372). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold mixed use lot in Southampton. Producing £75,520 a year, a 12.1% gross yield at the guide.
High Yielding Mixed Use Investment Forming Part of a Popular Local Parade Retail Unit with Six Flats - Fully Let to Separate Tenants - Retail Unit Let on New 15 Year Lease with RPI Linked Reviews Investment Let at £67,120 per annum. High Yielding Mixed Use Investment. Retail Unit and Six Flats. Let to Six Tenants - One Flat Vacant. Asset Management Potential Via Letting. Retail Let on New 15 Year Lease with RPI Linked Reviews. 2,120 sq ft (197 sq m). VAT-Free Investment. Investment Let at £67,120 p.a. ( 10.7 % GIY on Guide Price) Plus Vacant Flat. The property comprises a high yielding mixed use investment opportunity occpying a prominent pitch on a popular arterial route. Arranged as a ground floor retail unit with six flats to the rear and upper parts, the property is let to six tenants producing a combined rent of £67,120 per annum with one vacant flat offering asset management potential. The ground floor is let on a new 15 year lease expiring 05.05.2041 and includes 5 yearly RPI linked rent reviews. The residential units comprise 5 x studio flats and 1 x two bedroom flat, let to private individudals on periodic tenancies offering a diverse income stream. Flat 399c is currently vacant and offers immediate asset management potential via letting. The property occupies a prominent pitch fronting Shirley Road, with access to the residential units via both the front and rear. The street forms an arterial route connecting Shirley and Central Southampton and follows on from Shirley High Street. The surrounding area is characterised by similar mixed uses, with nearby national retailers including JD Wetherspoon, Tesco and McDonalds. Tenancy: Please see the Tenancy Schedule below for more information. Tenure: Freehold
Figures come from Savills' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.