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AGENT'S DETAILS


11 Cranbury Terrace, Southampton, SO14 0LH

For sale: £650,000.00|7032 Sq Ft|Land, Commercial Land

PROPERTY DETAILS

FOR SALE£650,000.00
SIZE7032 Sq Ft
ADDRESS11 Cranbury Terrace, Southampton, SO14 0LH
TYPELand, Commercial Land
TENUREUnder Offer, For Sale Freehold
POSTED ON7th July 2020

DESCRIPTION

Description

The property comprises an attractive Grade ll listed building situated on the corner of Cranbury Terrace and Onslow Road circa 1.3 miles from Southampton City Centre. The accommodation is over Ground, Lower Ground, First and Second Floors and provides a mix of cellular and open plan rooms with lift access and W'C facilities to each floor. Since 2001 the property has been used as a community centre providing accommodation to various charitable organisations on a licence basis. Prior to this the property had Sui Generis consent and was used as a Casino.

The building is situated in a densely populated residential area with a strong student presence. In our opinion the building is suitable for a range of uses including owner occupation, investment and development subject to obtaining the necessary planning consents.

The property benefits from strong transport links with Southampton mainline train station located 1.3 miles to the South West and St Deny's train station 0.8 miles to the North. There are various bus stops along Onslow Road. There is no parking at the property.
Majority of the houses in Cranberry terrace, adjacent to the property have been converted into flats.


Accommodation

Lower Ground 207.73 Sqm 2,236 sq. ft
Ground 197.92 Sqm 2,130 sq. ft
First 164.36 Sqm 1,769 sq. ft
Second 83.26 Sqm 896 sq. ft

Total 653.27 7,032

We have not undertaken a measured survey and have relied upon plans provided. Copies of these plans are available on request.

Planning

The property received consent for community use in 2015.

Rating

Lower Ground and Ground Floor - £61,707
First Floor - £29,037
Second Floor - £13,871

Total £104,615

Terms

The property is available freehold subject to full vacant possession at a guide price of £650,000.

Offers preferred on an unconditional basis but conditional bids will be considered. Offers to be made in writing by midday on the 31st August 2020.


( Agency Pilot Software Ref: 6853 )

LOCATION

Location: 11 Cranbury Terrace, Southampton, SO14 0LH

St Denys (0.7 miles)

Southampton Central (0.8 miles)

Bitterne (1.0 miles)

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