Lot 78

THREE FREEHOLD LOCK-UP SHOPS AT PRESENT ARRANGED AS A SINGLE TRADING UNIT

123, 125, 127 Stoke Road, Gosport, Hampshire, PO12 1LR
123, 125, 127 Stoke Road, Gosport, Hampshire, PO12 1LR
Sold £136,000

Situated on the opposite corner of Shaftesbury Road from Gosport's Waitrose supermarket are three individual lock up shop units which have most recently been let to the same tenant as a single trading entity, with access through all three units having been created.

It is considered the units could continue to be occupied by a single trader or alternatively divided into two, or perhaps back to three individual retail units in a street which has acquired a reputation for being something of a niche trading street.

The purchase includes the freehold interest in the two first floor flats which have both been sold off on a long leasehold basis.

First Floor Flats

Tenure

125A Stoke Road is sold under the terms of a 125 year lease from 1st March 1999 at a current ground rental that will be available in the legal pack.

127A Stoke Road is sold under the terms of a 125 year lease from 1st March 1999 at a current ground rental that will be available in the legal pack.

Freehold with Part 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/