Land at 4-8 Victoria Street and 27-30 Rochester Street Southampton SO14 5QZ

Land at 4-8 Victoria Street and 27-30 Rochester Street
Southampton
SO14 5QZ

Freehold Industrial/Workshop Ground Rent Investment

Located in an established industrial area 1 mile east of Southampton city centre
Some 200 metres from St Mary’s Stadium, home of Southampton FC
Nearby occupiers include Yau Brothers & Co, Dudman Group and Zillwoods

Lot
50
Auction
24th May 2012
Rent
£375 per Annum Exclusive
Status
Sold
Price
£21,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On Behalf of Southampton City Council

Important Update Interested?

Expand
Photos
Map

Freehold Industrial/Workshop Ground Rent Investment

Located in an established industrial area 1 mile east of Southampton city centre
Some 200 metres from St Mary’s Stadium, home of Southampton FC
Nearby occupiers include Yau Brothers & Co, Dudman Group and Zillwoods

Lot 50
Auction 24th May 2012
Rent £375 per Annum Exclusive
Status Sold
Price £21,000
Sector
Ground Rent
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On Behalf of Southampton City Council

Property Information

Location

Miles: 1 mile east of Southampton city centre, 19 miles north-west of Portsmouth
Roads: B3038, A3024, A33
Rail: Southampton Central Rail Station
Air: Southampton International Airport

Situation

The property is situated in an established industrial location on the north side of Victoria Street, with additional frontage onto the south side of Rochester Street, some 200 metres from St Mary’s Stadium, home of Southampton FC. Other nearby occupiers include Yau Brothers & Co, Dudman Group and Zillwoods.

Tenure

Freehold.

Location

Miles: 1 mile east of Southampton city centre, 19 miles north-west of Portsmouth
Roads: B3038, A3024, A33
Rail: Southampton Central Rail Station
Air: Southampton International Airport

Situation

Tenure

Freehold.

Description

The property comprises two separate industrial/workshop units.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two separate industrial/workshop units.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Lot	Use	Floor Areas (Approx)		Site Area	Tenant	Term	Rent p.a.x	Reversion
50	Industrial/ Workshop Industrial/ Workshop	383.31 sq m 517.30 sq m	(4,126 sq ft) (5,568 sq ft)	0.23 Acres	INDIVIDUALS(t/a Portmere Rubber Ltdand Hydralon Ltd) (1)	97 years from 01/07/1964	£375	01/07/2061

The lot comprises two units that have been sub-let to two separate subtenants trading as Portmere Rubber Ltd and Hydralon Ltd.
Founded in 1978, Portmere Rubber Ltd is established as one of the leading suppliers of rubber and its associated products. (Source: www.portmererubber.co.uk 03/04/2012)
Hydralon Ltd, established in 1955, is a private, independent company providing quality powder coating, wet paint and bead blast finishes. (Source: www.hydralon.com 03/04/2012)