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The Knighton Centre 2 Retail Properties Offered at £4,800,000 in Southampton
Investment Highlights
- 2.13-acre freehold
- 104 parking spaces
- 32,248 sq ft town-centre scheme
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.
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.
Property Facts
| Price | £4,800,000 | Number of Properties | 2 |
| Price psf | £167.07 / sq ft | Individually For Sale | 0 |
| Yield | 6.26% | Total Property Size | 28,730 sq ft |
| Sale Type | Investment | Total Land Area | 2.41 ac |
| Status | Active |
| Price | £4,800,000 |
| Price psf | £167.07 / sq ft |
| Yield | 6.26% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 28,730 sq ft |
| Total Land Area | 2.41 ac |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Knighton Centre
33-49 High St, Southampton SO45 6AG |
Retail | 21,797 sq ft | 1986 | - |
| 37 High St, Southampton SO45 6AG | Retail | 6,933 sq ft | 1986 | - |
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The Knighton Centre
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