ADDRESS133-145 Botley Road, North Baddesley, Southampton, SO52 9EB
TYPERetail - High Street, Land, General Industrial, Retail, Commercial Land, Industrial
TENUREUnder Offer, For Sale Freehold
POSTED ON13th July 2020
The property is located in a densely populated residential area 2.9 miles east of Romsey Town Centre and 6.3 miles north of Southampton City Centre. The property occupies a prominent position on Botley Road, the main A27 linking Southampton to Romsey. The surrounding area comprises a range of occupiers including the Co-op, Water Margin, Yellow Dot Nursery and Fire Flair.
The property, which extends to a total site area of 0.51 acres, provides a rare opportunity to purchase the freehold interest of a former car showroom and workshop which benefits from a large external display area, providing scope for a variety of uses or redevelopment potential STP.
The workshop is currently let by way of an occupational lease inside The Act for a term of 5 years from 13th February 2017 at a passing rent of £26,400 per annum exclusive of all other outgoings.
Interested parties are advised to make their own enquiries.
Asset Rating - C59 E124
Rateable Value Showroom - £39,500 Workshop - 14,500 Source www.voa.org.uk
Asking price of £1.25m exc of VAT for the Freehold interest with vacant possession of part and subject to the residue of occuaptional lease of the workshop subject to contract. ( Agency Pilot Software Ref: 4329 )