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Garages 1-6 Ashburton Road, Southsea PO5 3JU

Description

TO BE SOLD BY PUBLIC AUCTION (at a date to be confirmed) UNLESS SOLD PREVIOUSLY.
GUIDE PRICE:  £100,000-£150,000.
We invite IMMEDIATE CASH OFFERS (on strict Auction terms) from investors and private individuals for this rare opportunity: a block of SIX VACANT FREEHOLD LOCK-UP GARAGES well-situated in the heart of SOUTHSEA TOWN CENTRE. Ashburton Road runs from Kent Road to Osborne Road, "Ashburton Court" occupying a prominent corner position at the junction with the former. Part of an historic and sought-after Conservation Area (Owen's Southsea), this very convenient residential address is a level walk of minutes only from both The Seafront and Southsea Shopping Centre (Palmerston Road Precinct), placing a wide range of public amenities within comfortable reach. Dating from around 1960, the garages stand at the rear of a small, purpose-built residential development of nine apartments. Each is of brick and block construction with up-and-over door under a pitched roof. This Lot will appeal to both investors and private buyers, the former with the prospect of a rental return of around £125-£150 p.c.m.  per unit (£9,000-£10,800 p.a.  in total).

SAMPLE MEASUREMENTS

GARAGE 1 - 4.93m x 2.29m (16'2" x 7'6")

Plus useful storage recess to the side.

GARAGE 5 - 4.93m x 2.29m (16'2" x 7'6")

DRIVEWAY WIDTH - 2.44m x 0m (8'0" x 0'0") approx.

VIEWING

By appointment with SOLE AGENTS,
D. M. NESBIT & CO.
(17963/051382)

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 1Full Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Garages 1-6 Ashburton Road, Southsea PO5 3JU

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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, Nesbits 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, Nesbits 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 - Nesbits

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Disclaimer - Property reference S1291805. 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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