61, 61A & 61B Aberdeen Road, St Denys, Southampton, Hampshire SO17 2LL

> Mixed Commercial & Residential Investment
> Retail Unit & 2 x 1 Bed Apartments
> Prominent Corner Position With Parking

Guide Price: £225,000 Plus

Description:

Location

This detached property is prominently positioned on the corner of St Denys Road and Aberdeen Road, giving good exposure to the retail unit facing St Denys Road. Located in an established mixed residential and commercial area, the property allows access to Southampton City Centre along with schooling and public transport which are all located nearby.

Description

This detached property comprises of a ground floor established retail unit measuring circa 300 sq ft with 2 x 1 bedroom apartments located to the rear and over the retail unit. Car parking is located to the rear for the building.

Accommodation

Ground Floor: Retail Unit: Shop Front, Store Area, Kitchen/WC - circa 300 sq ft. Flat 61B: Entrance Porch, Kitchen, Bedroom, Lounge, Inner Lobby, Bathroom. Enclosed garden area to side and rear. First Floor: Flat 61A: Ground floor entrance with Stairs to Landing, Kitchen, Bedroom, Lounge, Bathroom. Courtyard to ground floor. Outside: Hard standing area to the rear providing off road car parking.

Tenancy Details/Agents Note

The retail unit has been let to the current tenant for approx 14 years at £3,600 pa. The shop tenant also occupies Flat 61B and has been in occupation for approximately 3 years at a rent of £5,400 pa. No formal tenancy agreements are available. Flat 61A is vacant and will require some improvement to secure a market rent. Being a mix of commercial and residential, this property is ideal for professional investors.

Tenure

Freehold

EPC Rating

61 - E (101), 61a & 61d - 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.