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Retail Investment for Sale, Weston Lane Parade, Southampton, SO19 9GR
6,719 Sq Ft / Retail
Withdrawn - Last updated: 19 April 2021
- Prominent retail parade situated in a densely populated residential suburb of Southampton 3 miles from the city centre
- Virtual freehold
- Three retail units with residential above – completion June 2015
- Part let to The Co-operative Group Food Ltd and guaranteed by The Co-operative Group on a new 15 year FRI lease with upward only RPI rent reviews (TOB Yr10)
- 4,220 sq ft let with a total rent £66,165 per annum
- Further 2,499 sq ft with an ERV of £30,000 and offered with a 12 month rent guarantee
- Developer to provide rent in advance of completion on all three retail units. Total rent of £96,165 per annum
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