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INVESTMENT HIGHLIGHTS
- Comprises two storey former light industrial building
- Situated in a high value residential location approx. 1 mile from Southampton city centre
- Previosuly granted residential planning permission for site
EXECUTIVE SUMMARY
The property comprises two-storey former light industrial building fronting Albert Road South and Canute Road. Planning previously granted in January 2018 (now lapsed) for demolition of existing building and erection of two residential blocks, one six-storey fronting Canute Road and one four-storey fronting Albert Road South, consisting of 20 flats total (13 x 1-Bedroom, 6 x 2-Bedroom and 1 x 3-Bedroom).
PROPERTY FACTS
| Price | £1,500,000 | Net Internal Area (NIA) | 10,255 sq ft |
| Price per sq ft | £146.27 | No. Floors | 2 |
| Sale Type | Investment | Year Built | 1970 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Allocation | 0.2/1,000 sq ft |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 1 |
| Costar Property Class | B |
| Price | £1,500,000 |
| Price per sq ft | £146.27 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Costar Property Class | B |
| Net Internal Area (NIA) | 10,255 sq ft |
| No. Floors | 2 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Allocation | 0.2/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 1 |
AMENITIES
- Signage
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36 Canute Rd
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