Lot 15

WINCHESTER CITY CENTRE LAND WITH EXTANT PLANNING CONSENT

Land Adj. 25 St. Georges Street, Winchester, Hampshire, SO23 8AJ
Land Adj. 25 St. Georges Street, Winchester, Hampshire, SO23 8AJ
Available At £115,000 + Fees

Applicants may view the lot externally only

It is rare to be able to acquire a freehold development site in central Winchester. However this infill plot fronting St Georges Street which runs to the rear of Winchester High Street is sold with Planning Consent for the construction of a ground floor retail unit with a two-bedroom self-contained apartment on the first and second floors. Once completed both the commercial and residential units are considered ideal for re-sale into the local marketplace or retention for their ongoing income producing potential.

Proposed Accommodation

Commercial - Ground Floor

Lock-up retail unit with lobby/kitchen area to the rear and staff cloakroom W.C.

Residential

First and Second Floors

Self-contained two bedroom apartment accessed via the side and rear of the retail unit. Living/dining room, kitchen, cloakroom W.C., two bedrooms one with en-suite shower room and W.C, bathroom with W.C. and a small terrace at both first and second floor levels.

Planning

Planning Permission has been granted by Winchester City Council under reference: 16/01790/FUL dated 22nd December 2017 for erection of retail unit (lock-up type) on the ground floor with a two-bedroom self-contained apartment on the first and second floor.

A copy of the Planning Consent and accompanying documents may be downloaded from the Local Planning Authority website.

Auctioneer's Note

We are advised it is considered that a meaningful start has been made on the development and the Planning Consent is therefore extant. We are further advised by the seller that services including electricity and drainage connections are available on the site. Prospective purchasers should rely on their own enquiries.

Viewing

Interested applicants may view directly on site during daylight hours.

Site Measurements

The land extends to 0.01 hectares (0.02 acres).

Freehold with Vacant Possession

Land Adj. 25 St. Georges Street, Winchester, Hampshire

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/