Investment For Sale, Southampton
4 photos
£1,295,000 Freehold
North Baddesley, Southampton, SO52 9EB
Type
Investment
Status
Available
Size
5,301 sq ft
Key Features
- Site size 0.51 acres
- Prominent highly visible roadside site
- Scope for alternative uses (STP)
- Freehold Title
Property Details
The Property Comprises A Prominent Commercial Site Consisting Of A Front Car Wash Unit With Ground Floor Reception / Waiting Area And First Floor Offices, Plus An Attached Self-contained Industrial Unit Occupied For The Purpose Of Vehicle Workshop And Mot Testing Station.
The Site Benefits From A Two Points Of Access From Botley Road, One Of Which Is Via An Easement With The Adjacent Industrial Estate.
The Vehicle Repair And Mot Testing Station Is Let To Sjp Independent Garage Specialist Limited For A Term Of 10 Years From 01 November 2022 At A Passing Rent Of £35,000 Per Annum Exclusive, Subject To Open Market Upward Only Rent Review And Tenant Only Break Option On The 5th Anniversary.
The Car Wash Demise Is Currently Let By Way Of A Tenancy At Will. The Occupier Is Prepared, Subject To Contract, To Enter Into A New 10 Year Lease At A Rent Of £60,000 Per Annum Exclusive. Alternatively, That Section Of The Site Can Be Purchased With Vacant Possession.
Site Plans Available On Request.
The Site Benefits From A Two Points Of Access From Botley Road, One Of Which Is Via An Easement With The Adjacent Industrial Estate.
The Vehicle Repair And Mot Testing Station Is Let To Sjp Independent Garage Specialist Limited For A Term Of 10 Years From 01 November 2022 At A Passing Rent Of £35,000 Per Annum Exclusive, Subject To Open Market Upward Only Rent Review And Tenant Only Break Option On The 5th Anniversary.
The Car Wash Demise Is Currently Let By Way Of A Tenancy At Will. The Occupier Is Prepared, Subject To Contract, To Enter Into A New 10 Year Lease At A Rent Of £60,000 Per Annum Exclusive. Alternatively, That Section Of The Site Can Be Purchased With Vacant Possession.
Site Plans Available On Request.
Location
Hellier Langston
View all properties
Investment For Sale, Southampton
£1,295,000 Freehold
North Baddesley, Southampton, SO52 9EB
Property ID: 132335
Hellier Langston
View all properties
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Hellier Langston