128, 128A & 129 High Street Gosport Hampshire PO12 1DT

  • 128, 128A & 129 High Street<br>Gosport<br>Hampshire<br>PO12 1DT

128, 128A & 129 High Street
Gosport
Hampshire
PO12 1DT

Attractive Freehold Bank on a New 5 year lease & Residential Investment

  • Ground let to Santander UK PLC on a new 5 year lease (NO Breaks)
  • Bank lease renewal from 25th December 2020
  • VAT-free Investment
  • Self contained 4 bed flat on the upper floors
  • Lot
    40
  • Auction
    16th June 2021
  • Rent
    £36,600 per Annum Exclusive
  • Status
    Archive
  • Price
  • Auction Venue
    Live Streamed Auction
  • On Instructions of a Major Property Company
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Attractive Freehold Bank on a New 5 year lease & Residential Investment

  • Ground let to Santander UK PLC on a new 5 year lease (NO Breaks)
  • Bank lease renewal from 25th December 2020
  • VAT-free Investment
  • Self contained 4 bed flat on the upper floors
  • Lot 40
  • Auction 16th June 2021
  • Rent £36,600 per Annum Exclusive
  • Status Archive
  • Price
  • Sector
    Bank
  • Auction Venue
    Live Streamed Auction
  • On Instructions of a Major Property Company

Property Information

Location
Miles
3 miles west of Portsmouth
15 miles south of Southampton
82 miles south west of London
Roads
A3(M), M27, A32
Rail
Portsmouth Harbour Railway Station
Air
Southampton Airport
Situation

Gosport is located on the Hampshire south coast, 3 miles west of Portsmouth and 15 miles south of Southampton. The Gosport ferry provides quick access to Portsmouth Harbour Railway Station (regular services to London Waterloo). The property is located in Gosport town centre on the pedestrianised High Street, close to its junction with North Cross Street. Gosport Ferry is close by which provides a direct link to Gun Wharf Quays Shopping Centre, Historic Naval Shipyards and Portsmouth Railway Station (ferry service every 15 minutes). There are a number of public car parks close by. Nearby occupiers include Superdrug, HSBC, Lloyds, Costa, Ladbrokes, Holland & Barrett and Specsavers

Tenure

Freehold.

Location
Miles
3 miles west of Portsmouth
15 miles south of Southampton
82 miles south west of London
Roads
A3(M), M27, A32
Rail
Portsmouth Harbour Railway Station
Air
Southampton Airport
Situation

Gosport is located on the Hampshire south coast, 3 miles west of Portsmouth and 15 miles south of Southampton. The Gosport ferry provides quick access to Portsmouth Harbour Railway Station (regular services to London Waterloo). The property is located in Gosport town centre on the pedestrianised High Street, close to its junction with North Cross Street. Gosport Ferry is close by which provides a direct link to Gun Wharf Quays Shopping Centre, Historic Naval Shipyards and Portsmouth Railway Station (ferry service every 15 minutes). There are a number of public car parks close by. Nearby occupiers include Superdrug, HSBC, Lloyds, Costa, Ladbrokes, Holland & Barrett and Specsavers

Tenure

Freehold.

Description

The property comprises a ground floor bank with a self contained 4 bed accommodation on the first and second floors. The property includes 5 car parking at the rear.

VAT

VAT is not applicable to this lot.

Planning

The property may benefit from future redevelopment for a variety of uses, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to www.gosport.gov.uk

Viewings

There will be no internal viewings of the property due to Covid-19.

Completion Period

Six Week Completion

EPC

See legal pack at www.acuitus.co.uk

Description

The property comprises a ground floor bank with a self contained 4 bed accommodation on the first and second floors. The property includes 5 car parking at the rear.

VAT

VAT is not applicable to this lot.

Planning

The property may benefit from future redevelopment for a variety of uses, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to www.gosport.gov.uk

Viewings

There will be no internal viewings of the property due to Covid-19.

Completion Period

Six Week Completion

EPC

See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)		 Tenant Term Rent p.a.x Reversion
Ground Banking
214 sq m
(2,314 sq ft)
 SANTANDER UK
PLC (1)		 5 years from
25/12/2020		 £27,000 (24/12/2025)
First &
Second		 Residential
111 sq m
(1,204 sq ft)
 INDIVIDUAL Assured Shorthold
Tenancy 24 months
from 21/07/2017		 £9,600 (2) Holding Over
- 4 bedrooms

(1) For the year ending 31st December 2019, Santander UK PLC reported a turnover of £7,224,000,000, a pre-tax profit of £1,012,000,000 and shareholders funds of £15,857,000,000 (Source: NorthRow 19/01/2021).
(2) Rent Deposit held of £775

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Seller's Solicitors
Addleshaw Goddard LLP One St Peter's Square
Manchester
M2 3DE
Ashley Raine 0161 934 6241Ashley.Raine@addleshawgoddard.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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