21600 sq. ft (2006.7 m²)
Key features
- Unbroken Freehold Opportunity
- Asset Management Potential
- Total Gross Income in Excess of £300,000 PA (Commercial £98,460 PA, Residential £196,800 PA)
- Two Vacant Flats Needing Refurbishment
- Recent Works Completed to Rear Walkways/Staircases
- Guide Price £2,800,000 (STC)
Description
Southampton Airport and Southampton Airport Parkway railway station are approximately five minutes away, while Swaythling railway station is within walking distance, offering regular services into Southampton city centre and beyond. A number of bus routes serve the immediate area, with stops located directly outside the property.
The location benefits from a strong and diverse occupier base, supported by nearby residential neighbourhoods, student accommodation and the University of Southampton, which lies in close proximity. The area experiences consistent footfall and serves as an established local centre for retail and commercial activity.
Market Buildings comprises a diverse mixed-use asset providing multiple income streams from a range of retail, and residential occupiers. The property includes a combination of ground floor retail units, commercial accommodation, residential flats and ancillary garages, creating a well-balanced investment with asset management potential.
The property benefits from on-site parking facilities and occupies a highly visible position within a busy local trading location.
The varied occupational mix offers diversification of income whilst presenting opportunities for future asset management initiatives and value enhancement.
Similar properties in the area
Investment for sale
3 The Triangle, Cobden Avenue, Bitterne Park, Southampton, Hampshire, SO18 1FZ
1352 sq. ft (125.6 m²)
The property forms part of Bitterne Triangle, which is the hub of the Bitterne Park community, offering a number of independent and national retailers. This well-established commercial parade is ideally placed for trade and close to local amenities, wi...
Investment for sale
30 Carlton Crescent, Southampton, Hampshire, SO15 2EW
Please contact us for full details.
Investment for sale
112 Shirley High Street, Southampton, Hampshire, SO16 4EZ
An excellent opportunity to acquire a well-located mixed-use investment comprising a ground floor retail unit let to a highly established tenant, together with a first-floor residential development opportunity offering significant value-add potential....
Investment for sale
100-102 East Street / 57 & 59 Queensway / Eighteeneast 65 Queensway Southampton Hampshire SO14 3BL
Please contact us for full details.