12-14 Victoria Street Southampton 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

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.