Log In/Sign up
Your email has been sent.
The Knighton Centre 47-49 High St 21,797 sq ft Retail Property Southampton SO45 6AG £4,800,000 (£220.21/sq ft) 6.26% Net Initial Yield
EXECUTIVE SUMMARY
The Knighton Centre is a prominent, freehold town-centre scheme anchored by Waitrose, who recently regeared on a new 10-year lease and contribute nearly half the income. The property totals 32,248 sq ft across a supermarket, four retail units, a bar and two flats, set on a 2.13-acre site with 104 parking spaces. Income sits at £321,141 per annum with a strong WAULT of 8.42 years, supported by long-standing occupiers including Waitrose, Superdrug, Ladbrokes and Morrisons Daily.
Offers are invited in excess of £4.8m, reflecting a 6.26% NIY and a low £148.85 psf capital value.
Offers are invited in excess of £4.8m, reflecting a 6.26% NIY and a low £148.85 psf capital value.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
21,797 sq ft
Costar Property Class
C
Year Built
1986
Price
£4,800,000
Price per sq ft
£220.21
Yield
6.26%
NOI
£300,480
Tenancy
Single
Number of Floors
2
Frontage
95 ft on High Street
1 1
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
The Knighton Centre | 47-49 High St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.