LOT 34

Land at 62 to 70 Northam Road, Southampton, Hampshire, SO14 0PB

FREEHOLD SITE
Result: Sold for £157,000 Guide price: £55,000 - £60,000*

Auction Date

Wednesday, 6th February 2019 11:00am

BY ORDER OF JCDECAUX

Location & Description

A rectangular site just south of the A3024 New Road, about ¼ mile from Solent University and within a mile of the city centre.

Accommodation

Former 2 x 48 sheet advert hoardings.
Site Area (from digital mapping): 2,600 sq ft (242 sq m)
Electricity Sub-Station: Let to Southern Electric Plc currently holding over at £45 p.a. Mutual break clause on 12 months' notice.

EQUIVALENT TO £45 p.a. WITH DEVELOPMENT POTENTIAL (SUBJECT TO ALL NECESSARY CONSENTS).

Status

Sold for £157,000

Addendum

Notwithstanding the particulars of sale, the address is 62 to 70 Northam Road. We understand that Southern Electric Plc is now known as SSE Plc.

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.