FOR SALE Investment Opportunity with Future Development Potential

99-101 BOTLEY ROAD, NORTH BADDESLEY, SOUTHAMPTON, HAMPSHIRE, SO52 9DT

KEY FEATURES

• Mixed use Investment

• Prominent Site

• 9 Metre Shop Frontage

•0.21 Acre Site

• Ample Parking

• Future Development Potential STPP

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Primmer Olds B·A·S 61 Cromwell Road, Southampton, Hampshire SO15 2JE Enquiries: Call us on 023 8022 2292 Call us on 023 8022 2292 www.primmeroldsbas.co.uk 99-101 BOTLEY ROAD, NORTH BADDESLEY

DESCRIPTION TERMS The property is located in a densely populated residential area adjacent to The property is available freehold on an unconditional basis subject to the benefit of the recent 2015 Bovis Knights Meadow Development and located approx the existing leases with offers invited in excess of £400,000. 2.9 miles east of Romsey Town Centre and 6.3 miles north of Southampton City Centre. The property occupies a prominent position on Botley Road, the main A27 linking Southampton to Romsey. The surrounding area comprises LEASE TERMS a range of occupiers with A1-A4 and D1 use class. These occupiers include The ground floor is let under a lease commencing 4th of January 2013 to a private the Co-op, Water Margin, Yellow Dot Nursery and Fire Flair. individual, trading as Habistore, for a term of 10 years, expiring 3rd of January 2023 at a passing rent of £11,500 PAX. The lease was subject to a rent review clause on the 5th anniversary, 03/01/2018 which is still outstanding. We are of the opinion The property comprises ground floor sales area of 1,331 sq ft with that the passing rent is below market rent. traditional shop frontage and ancillary stores to the rear. The shop is let to a long standing tenant trading as Habistore. The residential flat is let to a private individual under an AST agreement until the The upper parts comprise a large two double bedroom flat with independent 8th October 2019 at an rent of £950 pcm, producing an annual rent of £11,400 pa access from the side. The flat benefits from a roof garden, garage and subject to 2 months notice from the landlord. parking. The combined annual rent reflects £22,900 per annum. EPC

Rating Residential: E-42 ANTI MONEY LAUNDERING Commercial: TBC Please note all prospective purchasers will need to be verified for ‘Anti Money RATES Laundering’ purposes prior to issuing memorandum of agreed terms of sale. Rateable Value £13,250 The 2019/2020 standard multiplier is 0.491(49.1p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.

PLANNING The vendor has sought third party planning advice in regards to the prospects of future residential development. The site benefits from a right of way to the rear which permits access through the Knights Meadow development. Further information is available on request.

VIEWING & FURTHER INFORMATION: CALL 023 8022 2292

Property Misdescriptions Act 1991 – Services & Planning. We have not tested any of the service installations including heating and lighting. Prospective purchasers or tenants should satisfy themselves independently that appropriate connections exist and as to the state and condition of such items. Any plans included in these particulars are provided only to indicate the general location of the property. Tom George Duane Walker Prospective purchases or tenants should verify any stated planning use in these particulars with Local Planning Authority and should Senior Surveyor Director satisfy themselves that their proposed use is compatible with planning requirements. Misrepresentation Act 1967 – Whilst all the information in these particulars is believed to be correct neither the agents nor their clients guarantee its accuracy nor is it intended to [email protected] [email protected] form part of any contract. All areas quoted are approximate. No representative of Primmer Olds B.A.S has any authority to make or give any representation or warranty whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T.). Any intending purchasers or lessees must satisfy themselves independently as to the 99-101 BOTLEY ROAD, NORTH BADDESLEY

ACCOMMODATION

Commercial Floor Areas Sq Ft Sq M Retail Area 1,331 123.68 Ancillary 206 19.2

Stores 638 59.34

TOTAL 2,175 202.22

Residential Floor Areas Size Sq M Lounge 3.6 x 9.1 m 32.76 Master Bedroom + Ensuite 5.5 x 3.5 m 19.25 Bedroom 2 3.5 x 2.9 m 10.15 Kitchen 3.2 x 2.6 m 8.32 Dinning Room 4.3 x 3.2 m 13.76 Bathroom 1.8 x 2.2 m 3.96 TOTAL 88.2

VIEWING & FURTHER INFORMATION: CALL 023 8022 2292

Property Misdescriptions Act 1991 – Services & Planning. We have not tested any of the service installations including heating and lighting. Prospective purchasers or tenants should satisfy themselves independently that appropriate connections exist and as to the state and condition of such items. Any plans included in these particulars are provided only to indicate the general location of the property. Tom George Duane Walker Prospective purchases or tenants should verify any stated planning use in these particulars with Local Planning Authority and should Senior Surveyor Director satisfy themselves that their proposed use is compatible with planning requirements. Misrepresentation Act 1967 – Whilst all the information in these particulars is believed to be correct neither the agents nor their clients guarantee its accuracy nor is it intended to [email protected] [email protected] form part of any contract. All areas quoted are approximate. No representative of Primmer Olds B.A.S has any authority to make or give any representation or warranty whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T.). Any intending purchasers or lessees must satisfy themselves independently as to the