Map View
Available
£2,500,000 (Subject to Contract and Exclusive VAT)
The property occupies a highly visible and strategic location on the Hollybrook Roundabout at the junction with the Winchester Road (A35), which extends from Southampton to the residential neighbourhood of Lords Hill. Positioned within a predominantly residential area, the site benefits from high traffic flow, enhancing its prominence and accessibility.
The property is let to Sainsbury’s Supermarkets Limited, for a term of 20 years from 7th June 2013 expiring 6th June 2033. The lease is subject to five yearly index linked uplifts geared to RPI, collared at 2% and capped at 4%. The current passing rent is £148,156 per annum. Sainsbury’s recently agreed to remove the June 2023 break option, highlighting their commitment to the location.
£148,156.00 per annum exclusive
Freehold
Associate Partner | Agency
Surveyor | Investment
Surveyor | Agency
Green & Partners understand our needs and continually exceed expectations.
abrdn
Thorough, tenacious, practical in their outlook and approach but above all they get results.
La Salle Investment Management
The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.
M & G Real Estate
Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.
DTZ Investors
With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.
Hammerson
Green & Partners uses cookies to improve your experience. By continuing to use the site you are accepting our use of cookies. To find out more please click here .