MHA acquired this major retail parade at the centre of Southampton’s shopping district on the sunshine city’s busy pedestrianised high street. The property comprises a converted former department store, providing two retail units, two small retail units to the rear on Castle Way and a further four floors of upper level accommodation. Under analysis and with an expressed interest from a hotelier, MHA is considering a range of options including a change of use for the upper floors whilst preserving the lower level retail and commercial leases.
“Southampton has its own micro-market. Welcoming one million ferry passengers a year it has a thriving retail sector, capitalising not only on tourists but on those who work on the ferries too.”