Anglesea Road, Southampton, Hampshire, SO15

May suit residential conversion or an owner-occupier, such as a day nursery, office or medical clinic. Low capital value of £151 psf.

The Freya Centre was originally constructed around 2003, as a purpose-built fertility clinic with 5 residential apartments (4 x 2 beds plus 1 x 1 bed). The apartments have been incorporated into the clinic over the years, as additional space was required for office/consulting space, however it was always with the intention to return the apartments to their former residential use, subject to planning for a change of use.

The property is now vacant and previously operated as a fertility clinic over ground and two upper floors, comprising a range of consulting rooms, theatre, laboratories, offices, stores plus ancillary WCs & break out areas.

The former apartments benefit from a self-contained side entrance plus a small garden area to the rear. Fronting Anglesea Road in Shirley, Southampton the property benefits from 7 marked car parking spaces, and may well suit an owner-occupier seeking similar space or, alternatively, a property developer looking to convert the building fully into residential use (subject to securing the relevant planning).

SITUATION
It occupies a prominent position on Anglesea Road in Southampton. The Freya Centre provides easy access to the City Centre plus the M3 via the A35 Winchester Road and Bassett Avenue. All of the immediate neighbours are residential.

ACCOMMODATION
We have identified an approximate area of 6,275 sq ft, comprising a ground floor of 2,739 sq ft, first floor of 2,929 sq ft plus second floor of 607 sq ft.

PRICE
Guide price of £950,000, subject to contract and vacant possession upon completion. A purchase at this level equates to a capital value of £151 per square foot.

RATEABLE VALUE
Effective from the 1st April 2023, according to the Valuation Office Agency the property currently has a rateable value of £28,500. It is proposed that the rateable value will increase to £30,750 from 1st April 2026.

EPC RATING
Rated B (35) under certificate reference 0148-7696-9120-2912-6981 which is valid until 1st February 2035.

LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction. The property is not elected for VAT purposes.

VIEWINGS
Strictly by appointment with the sole agents through whom all negotiations must be conducted: Trinity Rose Commercial – .