264, Shirley Road, SOUTHAMPTON, Hampshire, SO15 3HP

Two storey mixed commercial/residential investment
Comprising ground floor commercial unit & 3 xstudio flats
Currently part let at £18,060 pa – central location

3D Tour: Click Here

Tenure
Freehold with Part Vacant Possession

Location
This mixed commercial and residential investment property can be found on Shirley Road which comprises of various commercial and residential properties and leads into Shirley High Street, offering various amenities including national retailers. Nearby public transport links include Southampton mainline railway
station, which is half a mile away and bus services which pass along Shirley Road. Southampton City Centre can be found just under a mile away and offers a comprehensive range of shopping, leisure and dining facilities.

Description
This mixed commercial and residential investment property comprises of three self-contained studio flats and a ground commercial unit. The property is offered part let, whilst offering the potential for a higher income after completing modernisation and upgrades to the accommodation on offer.

Accommodation
Ground Floor (Shop):
Door to Front Trading Room, Store/Middle Room, Rear Entrance Lobby, WC.
Ground Floor (Residential):
Door to Communal Entrance Hallway with Stairs to First Floor.
Flat 1 – Entrance Hallway, Living Room/Bedroom, Kitchen, Shower Room/WC.
First Floor: Landing with doors to:
Flat 2 – Entrance Hallway, Living Room/Bedroom, Kitchen, Shower Room/WC.
Flat 3 – Entrance Hallway, Living Room/Bedroom, Kitchen. Shower Room/WC
(located on the landing).
Outside: Gate to front leading down the side of the property to rear courtyard area and accessed from the shop, together with a further courtyard area accessed from Flat 1.

Tenancy Details
The property is currently part let at the following rents: Shop - £475pcm, Flat 1 - £480pcm, Flat 2 - £550pcm & Flat 3 – Vacant. Buyers are advised to satisfy all enquiries regarding the status of the tenancies, prior to bidding.

EPC
Shop – C. All flats – E.

Council Tax Band
All flats – A
Shop – Business rates apply

Viewing Agent
Fox & Sons Auctioneers
32-34 London Road, Southampton, Hampshire, SO15 2AG
E auctions.southampton@fox-and-sons.co.uk
T 023 8033 8066






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.