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.