Investment for sale.

High Yielding Retail Parade
Brochure

Southampton. Bitterne Precinct
SO18 5EF

Asking (STC) £1,400,000
Net Initial Yield 12.00%
WAULT 7.4 years to expiry
  • Bitterne is one of Southampton’s most established suburban centres, located 2.5 miles east of the City
  • The precinct benefits from high footfall generators Sainsbury’s, Poundland and the Peartree Gardens car park
  • 70% of net income secured to Iceland (2036) and Specsavers (2031)
  • Opportunity to add value through regearing headlease
  • WAULT to expiry 7.4 years and 6.1 years to break
  • The property is held long leasehold
Contact
Will Mead.

07767 040370

will.mead@gcw.co.uk
Oli Horton.

07788 695859

oli.horton@gcw.co.uk

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