Freehold Retail and Residential Investment
Freehold Retail and Residential Investment
The property is situated in Eastleigh Town Centre, which runs parallel to the High Street, and is a short walk to The Swan Shopping Centre. Nearby occupiers include H&M, Ernest Jones, KFC, McDonalds, Tesco Express, Sainsbury's, Caffè Nero, Costa Coffee and a JD Wetherspoon.
Freehold.
The property is situated in Eastleigh Town Centre, which runs parallel to the High Street, and is a short walk to The Swan Shopping Centre. Nearby occupiers include H&M, Ernest Jones, KFC, McDonalds, Tesco Express, Sainsbury's, Caffè Nero, Costa Coffee and a JD Wetherspoon.
Freehold.
The property comprises a ground floor shop with a separately accessed one bedroom residential flat on the first floor, accessed from Mitchell Road.
VAT is applicable to this lot.
Planning has been granted for the change of use of ground floor rear storage area from Retail (A1) to Residential (C3). All enquiries should be made with Eastleigh Borough Council. (www.eastleigh.gov.uk) (Phone: 023 8068 8000) (Application: PN/20/87663)
Six Week Completion
Band D
The property comprises a ground floor shop with a separately accessed one bedroom residential flat on the first floor, accessed from Mitchell Road.
VAT is applicable to this lot.
Planning has been granted for the change of use of ground floor rear storage area from Retail (A1) to Residential (C3). All enquiries should be made with Eastleigh Borough Council. (www.eastleigh.gov.uk) (Phone: 023 8068 8000) (Application: PN/20/87663)
Six Week Completion
Band D
| Floor | Use | Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant | Term | Rent p.a.x. |
|---|---|---|---|---|---|---|
| Ground | Retail | 103.10 |
(1,110) |
SAILORS' SOCIETY (2) | 10 years from 1st December 2016 | £26,000 |
| First | Residential Flat - 1 bed flat | - |
(-) |
TWO INDIVIDUALS | AST at £660 pcm | £7,920 |
| Total Commercial Area | 103.10 |
(1,110) |
£33,920 |
(1) Areas provided by VOA (www.gov.uk/business-rates)
(2) Founded almost 200 yearsr ago, Sailors Society is a Charity supporting and caring for Seafarers. (www.sailorssociety.org). The tenant is not currently in occupation.
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.
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