Park House, 102/108 Above Bar Street, SOUTHAMPTON, SO14 7DT

FOR SALE

Tenure

Freehold

Sector

Investment, Retail, Office, Leisure

Description

A substantial mixed use property comprising 3 retail units, 1 pub/bar and refurbished offices totalling 44,586 sq ft, located in the largest commercial centre in the south east region outside Greater London.  The offices are currently vacant and the vendor has made an application for change of use to student housing.  There is a low capital value of £72 per sq ft.

Price

Offers in the region of £3,200,000

Net Initial Yield

7.95%