92 Avenue Road, Portswood, Southampton, Hampshire SO14 6TX

> Commercial Warehouse/Store/Counter
> Ideal Investment/Potential Residential Site (STPP)
> Rare Opportunity In Central Location

Guide Price: £150,000 Plus

Description:

Location

This commercial building sits on the corner of Earls Road and Avenue Road, within the borders of Portswood. The area is almost entirely residential and we feel this site offers a speculative investor/developer great potential to look at a potential change of use or redevelop the site, subject to any required planning/consents.

Description

For many years this property has been a busy commercial store/warehouse facility trading as a motor factor business. Due to retirement, the building is now offered for sale with considerable potential for either commercial investors or potential speculative/residential developers to look at a possible change of use (subject to any required planning consents).

Accommodation

GROUND FLOOR: Counter Area (Approx. 298 sq ft), Store Area (Approx. 260 sq ft), Kitchen Area & WC's (118 sq ft ) Warehouse Area (786 sq ft). CELLAR: Accessed from Kitchen Area (Approx. 329 sq ft).

Agents Note

The building provides around 1700 sq ft of floor area to include the cellar. As of 2017 the building has a rateable value of £6,100 PA. (2) The property will require some improvements and upgrading or may well suit demolition and replacement based upon an end users planning/requirements. Buyers are advised to satisfy any enquiries regarding the current and any future use prior to bidding.

Tenure

Freehold

EPC Rating

TBC

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.