March 2022: Wednesday 02 March 2022 - 9:00am
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    Key features

    • A smart freehold detached block of three lock up garages
    • Each garage has an up and over door
    • Each let on a lock up garage licence agreement
    • Investment let at £3,120 per annum
    • Convent for local shopping amenities and M3 road links
    • Southampton Airport within easy reach

    Description

    A smart detached block of three lock up garages with pitched roofs.

    Each garage has an up and over door.


    Additional information

    Tenure

    Freehold


    Accommodation

    Three lock up garages


    Tenancy

    Garage No 5 let on a lock up garage licence agreement from 9th August 2021 at £273 per quarter. £200 rent deposit held.

    Garage No 6 let on a lock up garage licence agreement from 24th June 2021 at £253.50 per quarter. £150 rent deposit held.

    Garage No 7 let on a lock up garage licence agreement from 24th June 2021 at £253.50 per quarter. £150 rent deposit held.


    Each licence may be terminated by either party on one quarters notice in writing.


    Rent

    Total current £3,120 per annum
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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

      Fair Oak is a large village located to the east of Eastleigh.

      Scotland Close forms part of a popular residential area off the south side of Mortimer lane (B3037)

      Local village shopping amenities are nearby together with those in Eastleigh.

      The retail and commercial centre of Southampton is easy accessible.

      Easy access to nearby countryside provides a range of leisure activities.

      The M3 provides good road links to London, Southampton and M27 south coast road.


      Transport

      National Rail - Eastleigh

      Airport - Southampton


      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