Freehold to include Retail Unit, 59, Brockhurst Road, GOSPORT, Hampshire, PO12 3AP
13th March 2023
starts 10:00 AM at Grand Connaught Rooms
starts 10:00 AM at Grand Connaught Rooms
want to sell one similar?
some helpful tips to get you started
sold prior
undisclosed
Tenure: Freehold
!
The negotiator dealing with this Lot is Russell Hartnell-Parker and he can be contacted on 02380 338 066 or by email: russell.hartnell-parker@fox-and-sons.co.uk
Commercial A1 retail unit
£650 pa in collected ground rents
Ideal investment/business owner opportunity
3D Tour: Click Here
Tenure
Freehold with Part Vacant Possession
Lease Details
Flats 59A, B & C have been sold on long 125 year leases from 1st January 2007. Flats 59A & B have ground rents of £200 pa per flat, increasing through the term of the lease and Flat 59C has a fixed ground rent of £250 PA. Current collected ground rents £650 pa.
Location
Brockhurst Road is a busy main road into central Gosport providing superb visibility for a business in a mixed residential and commercial area. There are a collection of mixed commercial and retail units in the parade with a level of local car parking nearby and to the layby at the front.
Description
A ground floor A1 retail unit offering just under 600 sq ft of useable area which the seller has been trading as a beauty and treatment salon. The main floor area with window frontage provides circa 310 sq ft with
further treatment and storage rooms and a staff WC. In addition to the ground floor commercial unit, the freehold title provides for the ground rent collections from the 3 long leasehold flats which have all been sold off on 125 year leases. The Freeholder also currently manages the building and collects maintenance payments from all lessees.
Accommodation
Ground Floor: Main retail floor area with glass frontage onto Brockhurst Road, Inner Hallway with Kitchen Area, Treatment Room One, Treatment Room Two, Storage Room, WC, Door to leading courtyard area at rear.
EPC D
Rates
Rateable value £4,350 (VOA Office Info)
To view:
Fox & Sons, Tel: 02380 338 066
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
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.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
£650 pa in collected ground rents
Ideal investment/business owner opportunity
3D Tour: Click Here
Tenure
Freehold with Part Vacant Possession
Lease Details
Flats 59A, B & C have been sold on long 125 year leases from 1st January 2007. Flats 59A & B have ground rents of £200 pa per flat, increasing through the term of the lease and Flat 59C has a fixed ground rent of £250 PA. Current collected ground rents £650 pa.
Location
Brockhurst Road is a busy main road into central Gosport providing superb visibility for a business in a mixed residential and commercial area. There are a collection of mixed commercial and retail units in the parade with a level of local car parking nearby and to the layby at the front.
Description
A ground floor A1 retail unit offering just under 600 sq ft of useable area which the seller has been trading as a beauty and treatment salon. The main floor area with window frontage provides circa 310 sq ft with
further treatment and storage rooms and a staff WC. In addition to the ground floor commercial unit, the freehold title provides for the ground rent collections from the 3 long leasehold flats which have all been sold off on 125 year leases. The Freeholder also currently manages the building and collects maintenance payments from all lessees.
Accommodation
Ground Floor: Main retail floor area with glass frontage onto Brockhurst Road, Inner Hallway with Kitchen Area, Treatment Room One, Treatment Room Two, Storage Room, WC, Door to leading courtyard area at rear.
EPC D
Rates
Rateable value £4,350 (VOA Office Info)
To view:
Fox & Sons, Tel: 02380 338 066
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
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.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.
lot infomation last updated: 10th March 2023 at 10:58 AM
Delete.Websites.SequenceAuctions.Web.Models.ViewModels.Auctions.LotStatusInfoLinkButtonListViewModel
Lot Email To Friend
Information about this lot will be sent to your friend.