3 The Carronades, New Road, Southampton, Hampshire (Archive)

> Commercial Building With Planning
> Suitable For Developers/Investors
> Offered With Vacant Possession

Guide Price: Sold Prior

Description:

Location

The Carronades form part of a mixed commercial and residential terrace of imposing properties, within a few minutes walk of the main city centre of Southampton. The Solent University Campus is directly opposite and the terrace enjoys a strong main road frontage.

Description

This imposing commercial building is located in the heart of central Southampton and is being offered to the market with full vacant possession. The property has the benefit of two planning consents for conversion into a total of 8 residential flats with some undercroft car parking.

Planning Details

The property has the benefit of two residential planning consents, 17/00572/PA56 for 6 x 1 bed flats and 17/01227/FUL for a further 2 x 1 bedroom apartments. Both consents were approved by Southampton City Council subject to conditions. All potential purchasers are advised to have fully satisfied all enquiries over the planning permissions prior to bidding, along with the path, availability and capacity of any required services.

Agents Note

The property is currently occupied under some Commercial tenancy agreements which are due to end, with vacant possession of the building expected around 24th June 2019. Viewings of the property may well be restricted and all enquiries are to be directed to the Auctioneer Russell Parker.

Tenure

Freehold

EPC Rating

B

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.