Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
8 miles north-west of Southampton, 10 miles south-west of Winchester
Roads
A36, M3, M27
Rail
Romsey Railway Station
Air
Southampton Airport
Situation
Romsey is an affluent and attractive Hampshire market town on the edge of the New Forest, located 8 miles north-west of Southampton and 10 miles south-west of Winchester. The property is situated in a prime and busy position on the north side of The Hundred at its junction with Corn Market. Nearby occupiers include Boots the Chemist, Clarks, Barclays Bank, New Look, Aldi,
Waitrose and Co-Operative Food.
Tenure
Freehold.
Location
Miles
8 miles north-west of Southampton, 10 miles south-west of Winchester
Roads
A36, M3, M27
Rail
Romsey Railway Station
Air
Southampton Airport
Situation
Romsey is an affluent and attractive Hampshire market town on the edge of the New Forest, located 8 miles north-west of Southampton and 10 miles south-west of Winchester. The property is situated in a prime and busy position on the north side of The Hundred at its junction with Corn Market. Nearby occupiers include Boots the Chemist, Clarks, Barclays Bank, New Look, Aldi,
Waitrose and Co-Operative Food.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation with self-contained ancillary accommodation on the first and second floors, accessed from a side yard. The first and second floors, which we understand are not currently used by the tenant, have potential to be converted to residential use (subject to the necessary consents). The property benefits from car parking to the rear for approximately six cars.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail accommodation with self-contained ancillary accommodation on the first and second floors, accessed from a side yard. The first and second floors, which we understand are not currently used by the tenant, have potential to be converted to residential use (subject to the necessary consents). The property benefits from car parking to the rear for approximately six cars.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground First Second
Retail/Ancillary Ancillary Ancillary
439.33 sq m 80.64 sq m 65.31 sq m
(4,729 sq ft) (868 sq ft) (703 sq ft)
SUPERDRUG STORES PLC (1)
10 years from 04/07/2013 on a full repairing and insuring lease
£72,500
04/07/2018
Totals
585.28 sq m
(6,300 sq ft)
£72,500
(1) For the year ending 28/12/2013, Superdrug Stores plc reported a turnover of £1,010,212,000, pre-tax profits of £28,982,000 and a total net worth of £122,235,000. (Source: www.riskdisk.com 23/04/2015)
