ADDRESS127-131 Albert Road South, Southampton, Hampshire, SO14 3FR
TYPELand, Commercial Land
TENUREFor Sale Freehold
POSTED ON14th March 2022
Description
Description
The premises are situated in high value residential location approximately 1 mile to Southampton city centre and directly opposite the gateway to Ocean Village Marina. Albert Road and Canute Road have been subject to recent residential and commercial applications, with Premier Inn and Southampton City Council looking to develop the adjacent sites.
The site comprises a two storey industrial building fronting Canute Road measuring circa 10,255 square feet. A planning consent was granted in 2018 for the demolition of existing building and erection of a six storey building fronting Canute Road and a four storey building fronting Albert Road South to provide 20 flats (13 x one bedroom, 6 x two bedroom and 1 x three bedroom) under application No. 17/00467/FUL.
Accommodation
Residential Block 1 - 1197 sq. m Residential Bloc 2 - 524 sq. m Total - 1,721 sq m
Planning
Interested parties are advised to make their own enquiries of the Local Authority for confirmation.
EPC Text
Asset Rating - TBC
Rating
Rateable Value To be assessed Source www.voa.org.uk
Terms
The property is available freehold with the benefit of the consented planning application.
Price on Application
Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.