Holyrood Chambers 125 High St 2,500 SF 100% Leased Retail Building Southampton SO14 2AA $554,029 CAD ($221.61 CAD/SF) 8.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Located on the High Street in the centre of Southampton
- The Grade II Listed building comprises extensive ground floor retail and basement with WCs and kitchen at the rear
- West Quay Shopping Centre and Above Bar is located approximately half a mile north
EXECUTIVE SUMMARY
Offers will be considered in the region of £300,000 subject to contract for the freehold interest, with the understanding that the purchase will be subject to all existing leases in place. Current rental income £26,400 per annum.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,500 SF
Building Class
B
Year Built
1870
Price
$554,029 CAD
Price Per SF
$221.61 CAD
Cap Rate
8.80%
NOI
$48,755 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Frontage
34’ on High St
AMENITIES
- Dedicated Turn Lane
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
