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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
179-180 High St, Southampton SO14 2BX Retail 10,624 SF 1957 -
173-178 High St, Southampton SO14 2BY Retail 93,845 SF 1960 -
181 High St, Southampton SO14 2BY Retail 2,882 SF 1927 -
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  • Listing ID: 32117831

  • Date on Market: 13/06/2024

  • Last Updated:

  • Address: 173-181 High Street & Castle Way, Southampton, HAM

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