5/5a, Pound Tree Road, SOUTHAMPTON, Hampshire, SO14 1ND

Three storey mid terrace commercial property
2 x GF shops units with 1st/2nd floor offices over
1 shop let at £14,900 PA – city centre location

OPEN HOUSE VIEWINGS 01/04, 03/04, 08/04, 10/04: 11:00AM - 11:30AM.
Please ensure you arrive promptly at the start time as staff will have to leave sharply at the end of the viewing

Tenure
Freehold with Part Vacant Possession

Location
This commercial property forms part of a terrace of predominantly national retailers that occupy a busy trading position within the heart of Southampton City Centre, being located just from off of Above Bar Street which is Southampton’s main shopping area and the entrance to West Quay Shopping Centre.

Description
A three storey mid terrace commercial property split into three selfcontained commercial units, with one ground floor shop unit let at £14,900 PA and the remainder of the building being sold with vacant possession. The second shop unit is ideal for small business use, with the first and second floor office spaces requiring modernisation and offering various uses and potentials (within classification or STPP).

Accommodation
Ground Floor: 5 (Shop unit – currently let) - Trading Room.
Ground Floor: 5a (Shop unit) - Front Trading Room, Middle Room, Kitchen/ Rear Room, WC.
Ground Floor: 5/5a (Office) - Entrance Hallway with Stairs to First Floor.
First Floor: Landing with Stairs to Second Floor, Room One/Kitchen.
Second Floor: Landing, Room Two, 2 x WC’s, Inner Hallway, Room Three, Room Four.
Outside: Rear courtyard.


Tenancy Details
The ground floor is currently let on a 10 year commercial lease dated 24th November 2020 at £14,900 PA, with a rent review due on 24th November 2025. A copy of the lease will be included in the legal pack and buyers are advised to satisfy all enquiries regarding this prior to bidding.

EPC
Ground Floor – C. First & Second Floors – D. 5A – D.

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.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.