1 Manor Farm Road, Bitterne Park, Southampton, Hampshire (Archive)

> Commercial Freehold Unit In Prominent Position
> A3 (Restaurant & Cafe) Use - Circa 2067 Sq Ft
> Variety Of Potential Uses - Busy Trading Area

Guide Price: £245,000 - £255,000

Description:

Location

This character Freehold investment is located in the busy Bitterne Park Triangle area of Southampton, with a host of commercial and residential properties surrounding. Being on one of the main thorough fares to the City Centre, this position would make a superb investment or purchase for many business uses and is currently offered with A3 use.

Accommodation

GROUND FLOOR: Entrance Lobby, Main Restaurant/Bar Area, Side Function Room/Office, Store Room, Enclosed Room with Safe, Inner Lobby with Stairs to Upper Floor, Large Kitchen Area with Store Room. FIRST FLOOR: Landing, Lobby Area, Male & Female WC's, various Store Areas, Office Area. OUTSIDE: The property enjoys a right of way along the right hand side pathway enabling side/rear access.

Planning Details

The property has a class A3 use (Restaurant & Café). There may be potential for purchasers to consider alternative uses for the building, including possible residential use to the first floor and rear (STPP). All potential purchasers are advised to have satisfied all enquiries prior to bidding.

Agents Note

Rateable value £12,500 (49.3p payable per £1). Our Joint Agent Partners, Primmer Olds BAS, have recommended an annual rent in the region of £20,000 PA - exclusive of rates VAT (if applicable) and all other outgoings.

Tenure

Freehold

EPC Rating

D

Important Notice

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at. When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.