Reversionary kiosk parade within Asda

Southampton. Kiosk 1-6 Asda
SO14 7EG

Asking (STC) £850,000
Net Initial Yield 9.68%
Rising To 10.45%
  • Dominant superstore within Southampton City Centre
  • 6 kiosks located within the Asda Superstore
  • All leases outside of the 1954 Act
  • Annual rental income of £86,900pa with reversionary potential 
  • Non-fashion, sustainable tenant line up
  • Long Leasehold with 964 years unexpired at peppercorn