173-181 High Street & Castle Way 3 Retail Properties Offered at £4,995,000 in Southampton
INVESTMENT HIGHLIGHTS
- Four storey reinforced concrete frame building
- Flat roofing & mixed glazed fenestration
- Cavity brick terraced elevations
EXECUTIVE SUMMARY
Offers are invited in the order of £4.995m the long leasehold interest in the property. The guide price reflects a 8.32% NIY based on a net receivable income of £443,020 per annum (following the deduction of the ground rent). Vacant Units are also available to let by negotiation, rent on application
PROPERTY FACTS
| Price | £4,995,000 |
| Price / SF | £46.53 / SF |
| Net Initial Yield | 8.32% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 107,351 SF |
| Total Land Area | 0.30 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 173-178 High St, Southampton SO14 2BY | Retail | 93,845 SF | 1930 | - |
| 181 High St, Southampton SO14 2BY | Retail | 2,882 SF | 1927 | - |
| 179-180 High St, Southampton SO14 2BX | Retail | 10,624 SF | 1957 | - |
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CONTACTS
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Adam Bullas -
Kevin Marsh -
Savills
