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Freehold Retail Investment in SO19 8FUGuide Price £185,000* Buyers Premium Applies

For sale by online auction. To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

Town & Country Property Auctions are delighted to offer For Sale by Public Auction this Freehold Commercial investment opportunity located in Alfriston Gardens, Southampton, Hampshire, SO19 8FU.

An established and long-trading retail premises currently occupied by Family Shopper, providing a steady income of £12,000 per annum.

The property comprises a well-configured ground floor retail unit featuring three fully stocked aisles, extensive ambient shelving, and lined chiller cabinets throughout. The layout offers clear customer flow and strong merchandising capacity. To the rear and below the main shop floor is a substantial stock room area together with W/C facilities, supporting the day-to-day operation of the business.

Externally, the property forms part of a neighbourhood retail parade in a densely populated residential area, benefiting from consistent local footfall and long-term proven rentability.

Importantly, the sale includes the freehold of the entire building. The three-bedroom maisonette situated above has been sold off on a long lease, offering additional reversionary interest to the freeholder.

The building would benefit from some cosmetic and general improvement works, presenting scope for asset management and future value enhancement.

A straightforward income-producing investment in a popular Southampton location with long-standing commercial use.

The property will be entered into our 25th March auction which is held online and starts at 10am. You must register to bid and download the legal pack.

PROPERTY FEATURES
. Parking
. Garage
. 28 Day Completion
. Freehold
. Freehold Investment
. Established Tenant
. Retail Premises
. Reversionary Potential
. Value Add Opportunity
. Long Trading Location

VIEWING ARRANGEMENTS
We will be holding viewing slots, please call us on[use Contact Agent Button].
The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 2%+VAT (subject to a minimum of £6,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.