12-14 Victoria Street Southampton SO14 5QZ

  • 12-14 Victoria Street<br>Southampton<br>SO14 5QZ

12-14 Victoria 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
    52
  • Auction
    24th May 2012
  • Rent
    £1,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £22,000
  • 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 52
  • Auction 24th May 2012
  • Rent £1,000 per Annum Exclusive
  • Status Sold
  • Price £22,000
  • 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, 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, 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 a industrial/workshop unit.

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 a industrial/workshop unit.

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

52

Workshop
263.84 sq m

(2,840 sq ft)
0.11 Acres
INDIVIDUAL (t/aFreeborn Garages Ltd) (3)
99 years from 01/01/1963 £1,000 01/01/2062

Freeborn Garages Ltd is an official Citroën dealership. (Source: www.freebornsouthampton.citroën.co.uk 03/04/2012) The tenant also occupies the adjoining property.

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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