Sure Bet retail investment sold

 

Acting on behalf of a private client, Goadsby are delighted to announce the sale of 98/98a Spring Road, Bitterne.

The property comprises a two storey detached premises, the ground floor of which was let to Coral Racing Limited at a rent of £5,500 per annum exclusive with the first floor flat being sold with vacant possession.

Alex Hirst, who negotiated the deal, comments: ‘We identified the right purchaser very quickly and, as a result we were able to complete the transaction in just over two months from bringing the property to the market.

Goadsby are always looking for similar opportunities and would urge any commercial landlords to get in touch, especially where they have tenants on leases with in excess of five years remaining’.