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Floorplan
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    Key features

    • Centrally located within the pedestrianised town centre
    • Double unit let to Sequence (UK) Ltd (t/a Fox & Sons Estate Agents)
    • The High Street hosts an open market twice a week
    • VAT is not applicable
    • Investment let at £28,000 pa (11.20% on Guide Price)

    Description

    The property comprises a ground floor shop which forms part of a larger building.

    Additional information

    Tenure

    Leasehold. Held on a lease for 999 years from 15.08.2018 at a current ground rent of a peppercorn.

    Accommodation

    Please note the approximate areas have been provided by the VOA/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. 


    Ground - 115.01 sq m (1,238 sq ft)


    Tenancy

    Let to Sequence (UK) Ltd (t/a Fox and Sons) for 10 years from 30.03.2016 at a rent of £28,000 pa on FRI terms. 5 yearly rent reviews.

    Rent

    £28,000 pa
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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Gosport forms part of the Solent conurbation on the south coast of England, some 17miles south-east of Southampton. The town is a 7 miles south of the M27 Motorway (Junction 10)The property is situated on the west side of the pedestrianised High Street, between its junction with Clarence Road and North Cross Street. Occupiers close by include Travelodge (adjacent), Thurling Catering (Lot 94),Poundstretcher, Costcutter, Natwest and Holland & Barrett amongst others. The High Street hosts an open market twice a week (Tuesday and Saturday).

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums