Investment.

Southampton.

15 Above Bar Street

Map View

Status.

Available

Accommodation.

Ground Floor Sales 2,073 sq ft 192.66 sq m
Ground ITZA 712 sq ft 66.17 sq m
Ground Store 123 sq ft 11.43 sq m
First Ancillary 1,490 sq ft 138.48 sq m
Second Ancillary 585 sq ft 54.37 sq m
Basement (Not Used)

Price.

£1,150,000 (Subject to Contract and Exclusive VAT)

Location.

The property occupies a prominent position within the southern pedestrianised section of Above Bar Street. Boots is one unit removed and the subject property adjoins Yorkshire Building Society and John Anthony Menswear with Primark, and the entrances to West Quay Shopping Centre and Watermark West Quay all within close proximity. Virgin Media, Primark and Santander opposite and close-by.

Description.

Southampton is a major regional shopping destination, offering approximately 2.18m sq ft of retail accommodation and an estimated shopping population of circa 434,000 persons. The city is ranked by Venuescore as a top 15 retail destination within the UK. The West Quay shopping centre (800,000 sq ft), anchored by John Lewis and Marks & Spencer, has significantly enhanced this retail provision since its opening in 2000.

In addition, Watermark West Quay, which opened in 2017 has significantly improved the cities leisure provision. Above Bar street remains a prime pedestrianised thoroughfare where major retailers represented include, Sports Direct, Urban Outfitters, Primark, TK Maxx, WH Smith, Boots and Superdrug.

Rent.

£91,000.00 per annum exclusive

Tenant(s).

Specsavers Optical Superstores Limited

Tenure.

Freehold

Yield.

7.5% Net Initial Yield

Share.

All viewings are strictly by prior appointment.

Harry Jeffery.

Surveyor | Agency

Patrick Over.

Associate Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

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DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson