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36 Canute Rd 10,255 SF Industrial Building Southampton SO14 3FJ $2,013,855 ($196.38/SF)

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INVESTMENT HIGHLIGHTS

  • Comprises two storey former light industrial building
  • Situated in a high value residential location approx. 1 mile from Southampton city centre
  • Previosuly granted residential planning permission for site

EXECUTIVE SUMMARY

The property comprises two-storey former light industrial building fronting Albert Road South and Canute Road. Planning previously granted in January 2018 (now lapsed) for demolition of existing building and erection of two residential blocks, one six-storey fronting Canute Road and one four-storey fronting Albert Road South, consisting of 20 flats total (13 x 1-Bedroom, 6 x 2-Bedroom and 1 x 3-Bedroom).

PROPERTY FACTS

Price $2,013,855
Price Per SF $196.38
Sale Type Investment
Tenure Freehold
Property Type Industrial
Property Subtype Service
Building Class B
Rentable Building Area 10,255 SF
No. Stories 2
Year Built 1970
Tenancy Single
Parking Ratio 0.2/1,000 SF
No. Drive In / Grade-Level Doors 1

AMENITIES

  • Signage
  • Listing ID: 28822694

  • Date on Market: 6/22/2023

  • Last Updated:

  • Address: 36 Canute Rd, Southampton SO14 3FJ

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