Bevois Valley Road, Southampton 11 bed property for sale

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Bevois Valley Road, Southampton 11 bed property for sale

Bevois Valley Road, Southampton SO14
£1,500,000

Our Summary

  • A The HMO has the potential of a Gross income of around £100,000 P
  • Investment Opportunity

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: The property, a commercial premises, is being sold with a freehold and contains a world-renowned nightclub, wine bar, and an 11-bedroom HMO. The current owners have been operating the businesses, Clowns and Jesters, since 1987, creating a beloved destination for thousands of patrons. The property offers a 10-year lease on the bar and nightclub at a rent of £48,000 per annum, as well as potential gross income of £100,000 per annum from the HMO, resulting in a combined gross potential of £148,000 per annum, providing an 8% yield to the new owner. Viewings are strictly by appointment only, and the property is being marketed as an investment opportunity.