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COMMERCIAL

Lumsden Road, Southsea PO4 9LN

Guide Price
£15,000
Nesbits, Southsea
PROPERTY TYPE

Storage

SIZE

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Floor/Site plan 1
1

Description

TO BE SOLD BY PUBLIC AUCTION AT A DATE TO BE CONFIRMED
(UNLESS SOLD PREVIOUSLY).
GUIDE PRICE:  £15,000.
We invite IMMEDIATE CASH OFFERS, prior to possible Public Auction, from investors and end-users for this VACANT purpose-built, lock-up SECOND FLOOR STORE (380 sq. ft. approx.) situated close to Southsea Seafront.  Believed to have been designed originally as a drying room, the unit forms part of a four-storey, ex-M.O.D. residential apartment building, being one of a larger group of similar blocks within an estate bounded by Fort Cumberland Road to the south and Ferry Road to the north, some two miles to the east of Southsea Town Centre (Palmerston Road Shopping Precinct) and just a short distance from Eastney Esplanade and the open beach. An ideal opportunity to acquire generous and secure storage space. Full particulars are given as follows:

Secure entry at ground level, with staircase to:

SECOND FLOOR LANDING

STORE 2

 

Outer door to:

LOBBY

Inner door to:

STORE - 10.59m x 3.05m (34'9" x 10'0")

The front section has pierced blockwork on its two sides.

TENURE

125 years leasehold from 1.7.2007 (108 years remaining).

SERVICE CHARGE AND GROUND RENT

See Legal Pack for details.

SERVICES

None at present. We are informed that scope may exist for the unit to be supplied with electricity, this being a matter for interested parties to investigate and pursue.

PLANNING

In anticipation of enquiries from some parties, we would advise that NO potential is considered to exist here for residential conversion.

VIEWING

By appointment with SOLE AGENTS,
AUCTIONEERS D, M. NESBIT & CO.
(17835/048318)

ADDITIONAL AUCTION COSTS

A Buyer's Premium of £450 + V.A.T., will be payable by the purchaser to the Auctioneers, either in the Saleroom or, if the Lot is sold prior to Auction, at the offices of Nesbit & Co. An Auction Legal Pack (including Contract of Sale and Special Conditions) will be prepared by the Seller's Solicitors and available for inspection by interested parties. Those intending to bid are advised to make themselves aware of the content of the Legal Pack, containing, as it will, information in respect of any other charges that may apply (Search Fees and/or Seller's legal costs for example).

Brochures

Brochure 1

Lumsden Road, Southsea PO4 9LN

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Fratton Station1.6 miles
  • Portsmouth & Southsea Station2.3 miles
  • Hilsea Station2.9 miles
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About Nesbits, Southsea

7 Clarendon Road, Southsea, PO5 2ED
Industry affiliations:

Established in 1921 as an independent practice of Estate Agents, Chartered Surveyors & Auctioneers, and at our address in the heart of Southsea Town Centre since 1965, Nesbit & Co are very much a recognised and trusted name in Estate Agency.

We have carved out a strong reputation among our competitors, based upon the highest standards of service, true professionalism, and a tenacious attitude to our clients' interests - qualities which, when combined with deep local knowledge and a level of experience second to none (Robin Evans, our Head of Residential Sales, having been with the firm since 1973), allow us to stand out from the field.

Operating throughout Portsmouth and the immediate surrounds, Nesbit & Co handle the sale of all types of residential property. As well as conventional marketing, we are uniquely placed to offer clients the often desirable option of sale by Public Auction through the city's only Property Auction Saleroom. Probate sales are a speciality. Our associated Antique & Fine Art Division can assist with the valuation and disposal of chattels, ranging from single items to entire house contents.

For all your property needs, choose a name you can rely on - Nesbit & Co.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference S896933. 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 Nesbits, Southsea. 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.

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 Nesbits, Southsea on 0238 214 8243.

*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.”

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