Lot 165 - VACANT LOCK-UP SHOP WITH MAIN ROAD FRONTAGE

Sold Prior

LOTS 165 & 166 ARE TO BE OFFERED AS SEPARATE LOTS

Situated on London Road, the main thoroughfare through Waterlooville and Purbrook, is this recently constructed commercial unit. The unit benefits from a variety of consents for usage, including A1, A2, A3 and B1A, and has the potential to be combined with Lot 166 to create one larger retail unit. The shop is considered ideal for an owner occupier or for addition to an investment portfolio for their income-producing potential.

Accommodation

Open-plan space, awaiting fit out to suit an occupier.

Outside

Allocated parking space.

Tenure

Held under the terms of a 900 year lease, commencing 30th October 2019 at a ground rent of £2 per annum.

EPC Rating

25 (A).

Long Leasehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/