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<br>Southampton<br>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
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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

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.

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)

Contacts

Acuitus
Peter CunliffePeter Cunliffe +44 (0)20 7034 4850peter.cunliffe@acuitus.co.uk
Associate Auctioneers
Capita Symonds One Guildhall Square,
Southampton
Hampshire
SO14 7FP
Fiona James 02380 833 081fiona.james@capita.co.uk
Seller's Solicitors
Southampton City Council Civic Centre
Southampton
SO14 7LT
Julie Smith 02380 832 303julie.smith@southampton.gov.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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