Goadsby Acquire 127 Above Bar Street & 1-8 Civic Centre Road Acquired For Private Client

Goadsby’s Retail & Investment Department have successfully completed the acquisition of 127 Above Bar Street & 1-8 Civic Centre Road, Southampton.

The property, which was marketed by Green & Partners, attracted significant interest resulting in two roads of informal tender. The total rental receivable amounts to £376,560 per annum exclusive and the selling agents were seeking offers in excess of £3,720,000.

Grant Cormack of Goadsby commented, “We were delighted to be able to secure this asset for a retained client. The property currently provides an attractive net initial yield, with good asset management opportunities and a future redevelopment angle”.

For confidential advice on all investment property matters Grant Cormack can be contacted on 07776 217453 or email: [email protected]