This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Commercial Property for sale

Park Parade, Leigh Park, Havant, Hampshire, PO9 5AD

Guide Price* £50,000

Property Description

Key features

  • Freehold To Include Ground Floor Retail Unit
  • Includes Ground Rent From Upper Floor Flat
  • An Ideal Investment/Trading Opportunity

Full description

Tenure: Freehold

To be sold by Public Auction on 15th September 2016 at The Macdonald Botley Park Hotel, Winchester Road, Boorley Green, Southampton, SO32 2UA

FOR OUR AUCTION CATALOGUE & LEGAL PACKS, PLEASE VISIT OUR WEBSITE WWW.FOXANDSONSAUCTIONS.CO.UK

FOR A FULL LIST OF OUR PROPERTIES, PLEASE VISIT OUR WEBSITE WWW.FOXANDSONSAUCTIONS.CO.UK

Freehold To Include Ground Floor Retail Unit
Includes Ground Rent From Upper Floor Flat
An Ideal Investment/Trading Opportunity

Tenure:Freehold with Part Vacant Possession

Location:The property is be found within a predominantly residential area with the shopping precinct servicing the requirements of the local area. The centre of Havant is only a short drive away along with the A3 and A27 travel networks.

Description:The property forms part of the shopping precinct of Park Parade which comprises a mixture of national and independent retailers. The shop would suit both owner occupiers or investment buyers alike.

Accommodation:GROUND FLOOR: Private Front Door into Inner Lobby, Counter/Store Room.
Shop Front Door into open plan Sales Room, WC, Store Room, rear access door to outside with Car Parking Space.

Lease Details:30a Park Parade has been sold on a 125 year lease dated 29th August 2014 and commencing from 24th June 2011 with a ground rent of £100 pa.

EPCTBC

Agents Note:The Freehold includes the ground floor retail unit only and the right to collect the ground rent from the upper floor maisonette.

IMPORTANT NOTICE: The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if

appropriate the auctioneers may adjust the guide price to reflect this.

Map & Street View

Disclaimer - Property reference 50798. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fox & Sons, Southampton Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Fox & Sons, Southampton Auctions on 02380 338066.


Map data OpenStreetMap contributors.