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36 - 37 High Street, Southampton, HAM

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DetailMap
36-37 High Street

Southampton, SO14 2NR

(190.4 KB)

Property type:Retail Sub type:Shop-front Status:Existing Year built:1880
Building size:5,120 sq ft
% Leased:
For sale price:£950,000 Price:£185.55 sq ft
Yield:6.00 %
Smallest space:2,560 sq ft Largest space:2,560 sq ft Total space:2,560 sq ft Rent:
£60,000 pa


Space available:
Floor
Sq ft Available
Rent
Status
Lease term
Space use
 GRND
2,560
£60,000
Under Offer
25 yrs
Retail
 
5167358
Marketing flyer Marketing Flyer  
Space notes Space Notes


Floor
Sq ft Available
Rent
Status
Lease term
Space use
GRND
2,560
£60,000
Under Offer
25 yrs
Retail
The property comprises an attractive three storey Victorian corner terrace of masonry construction, circa 1880. The property is arranged over ground, basement, first and second floors.
The property is located on a prominent corner location on the east side of the High Street, close to the junction with Bernard Street and approximately 500 metres from the West Quay Shopping Centre.

Sale Notes:
The investment opportunity comprises a public house arranged over basement, ground and first floors. The second floor benefits from residential space. Currently let to the Spirit Group Ltd until 2021 in an established City Centre location.
The property is located next to the Dolphin Hotel on a prominent corner location on the east side of the High Street, close to the junction with Bernard Street and approximately 500 meters from the West Quay Shopping Centre. Nearby occupiers includes Walkabout Inn, J D Wetherspoon, Brannigans, Lloyds TSB, Co- Op, HSBC, Nat West and Barclays Banks, Bank of Scotland
Freehold investmnet let to Spirit Group Limited for 25 years from 12 July 1996 FRI and 5 year upward only rent reviews at a current rent of £60,001 p.a.

Suttons Commercial
Rajiv Sabharwal
020 7664 8699


Keygrove Chartered Surveyors
Andrew Archibald
023 8083 5961



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