MapRetail property (high street)
Features and description
- Freehold sale of commercial premises and three bedroom maisonette
- Sought after location
- Great investment opportunity
- Scope to convert or extend subject to planning
- Three bedroom duplex maisonette
- Both currently rented
- For Sale By Secure Sale - Terms & Conditions Apply
We are pleased to offer to auction this freehold sale of this semi-detached residential/commercial property is nestled on a corner plot in the highly sought after area of Shirley and offers a unique investment opportunity which is available for the first time in over 50 years.
The property boasts a generous commercial space, currently leased to a tenant with over two decades of occupancy and a spacious three-bedroom maisonette with a private entrance, currently achieving £1000.00 per month and offering potential for modernization.
With the right investment, this property holds potential for conversion into a single dwelling or multiple flats, pending necessary planning permissions.
Please note we have not inspected this property.
Rooms
Location
Situated in Shirley, this property offers easy access to the popular shopping area of Shirley High Street which benefits from a range of chain stores including Sainsbury's, Iceland, Wilkinson's, Lidl and a number independent retailers. There is a range of public transport on offer including rail travel from Southampton Central Station and Millbrook train station. The M3 can be accessed through Winchester Road and Bassett Avenue and the M27 can be accessed via Millbrook Road, leading onto the M271.
Southampton is a historic port city on England's south coast which offers a range of shopping and leisure facilities including Ocean Village, West Quay, the Cultural Quarter, Mayflower Theatre and the Civic Centre including the Titanic Museum.
Accommodation
Semi-detached residential/Commercial property. The property boasts a generous commercial space, currently leased to a tenant with over two decades of occupancy and a spacious three-bedroom maisonette with a private entrance and offers potential for modernization.
Outside, the property provides ample off-road parking, a garage, and rear garden.
Rooms and Measurements
Commercial 24' 05" X 15' 09" (7.44m X 4.8m),
Rear Hallway,
Shop 10' 09" X 10' 01" (3.28m X 3.07m),
Rear Lobby,
Kitchen 15' 04" X 08' 05" (4.67m X 2.57m),
Garage 15' 04" X 06' 11" (4.67m X 2.11m),
Maisonette,
Hallway,
Ground Floor Bedroom 11' 00" X 10' 04" (3.35m X 3.15m),
Landing,
Lounge 15' 11" X 12' 00" (4.85m X 3.66m),
Bedroom 12' 03" X 12' 00" (3.73m X 3.66m),
Bedroom 12' 03" X 11' 00" (3.73m X 3.35m),
Kitchen,
Shower Room.
Tenure
Freehold. Title number HP729195.
Rateable Value
The current rateable value is £3,550 (1 April 2023 to present).
Sourced from VOA.
Council Tax
Band B
EPC
Awaiting EPC for the commercial aspect.
152a Available Upon Request (Rating E).
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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