21 / 22 Hanover Buildings Southampton Hampshire SO14 1JU

  • 21 / 22 Hanover Buildings<br>Southampton<br>Hampshire<br>SO14 1JU

21 / 22 Hanover Buildings
Southampton
Hampshire
SO14 1JU

Freehold Retail and Residential Opportunity with Vacant Possession

  • Comprises two retail units and three self-contained residential flats
  • Approximately 587.50 sq m (6,327 sq ft)
  • City centre location close to Above Bar Street
  • Nearby occupiers include Debenhams, Argos, Topshop/Topman, WH Smith, Boots the Chemist and Primark
  • Historic planning permission (now lapsed) granted to demolish existing building and develop a five storey building to comprise ground floor commercial and 16 residential flats above
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    61
  • Auction
    10th December 2015
  • Vacant Possession
  • Status
    Sold
  • Price
    £725,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Receivers CBRE
Important Update
  • Expand
  • Photos
  • Map

Freehold Retail and Residential Opportunity with Vacant Possession

  • Comprises two retail units and three self-contained residential flats
  • Approximately 587.50 sq m (6,327 sq ft)
  • City centre location close to Above Bar Street
  • Nearby occupiers include Debenhams, Argos, Topshop/Topman, WH Smith, Boots the Chemist and Primark
  • Historic planning permission (now lapsed) granted to demolish existing building and develop a five storey building to comprise ground floor commercial and 16 residential flats above
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 61
  • Auction 10th December 2015
  • Vacant Possession
  • Status Sold
  • Price £725,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Receivers CBRE

Property Information

Location
Miles
13 miles south-west of Winchester, 18 miles north-west of Portsmouth, 75 miles south-west of London
Roads
A33, A27, A36, M3, M27
Rail
Southampton Central Railway Station
Air
Southampton International Aiport
Situation

The property is prominently situated on the south side of Hanover Buildings close to its junction with pedestrianised Above Bar Street and High Street in the heart of the City Centre. Hanover Buildings is a popular thoroughfare linking Above Bar Street/High Street to the west and Queensway to the east. Nearby occupiers include Debenhams,Topshop/Topman, WH Smith, Boots the Chemist and Primark.

Tenure

Freehold.

Location
Miles
13 miles south-west of Winchester, 18 miles north-west of Portsmouth, 75 miles south-west of London
Roads
A33, A27, A36, M3, M27
Rail
Southampton Central Railway Station
Air
Southampton International Aiport
Situation

The property is prominently situated on the south side of Hanover Buildings close to its junction with pedestrianised Above Bar Street and High Street in the heart of the City Centre. Hanover Buildings is a popular thoroughfare linking Above Bar Street/High Street to the west and Queensway to the east. Nearby occupiers include Debenhams,Topshop/Topman, WH Smith, Boots the Chemist and Primark.

Tenure

Freehold.

Description

The property, an end of terrace building comprises two ground floor retail units with three self-contained residential flats on the first and second floors accessed from York Walk.

Planning
For further information:
Southampton City Council, Civic Centre, Southampton SO14 7LY.
Tel: 023 8083 3006.

Six Week Completion

Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property, an end of terrace building comprises two ground floor retail units with three self-contained residential flats on the first and second floors accessed from York Walk.

Planning
For further information:
Southampton City Council, Civic Centre, Southampton SO14 7LY.
Tel: 023 8083 3006.

Six Week Completion

Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor   Use Floor Areas (Approx)  
21 Ground
First
Retail/Ancillary
Ancillary
148.50 sq m
124.30 sq m
(1,598 sq ft)
(1,338 sq ft)
VACANT
21A Second Three Bedroom Flat
67.60 sq m
(728 sq ft)
22 Ground Retail/Ancillary
129.40 sq m
(1,392 sq ft)
22A First Two Bedroom Flat
59.00 sq m
(635 sq ft)
22B Second Two Bedroom Flat
59.00 sq m
(635 sq ft)
Totals    
587.80 sq m
(6,327 sq ft)
 

NB. The approximate floor areas stated for the residential flats on the first and second floors are on a Gross Internal basis.

Property Documents

  • Catalogue Page
    Updated Date
    18.11.15
    File Size
    474 KB
    View PDF
  • Site Plan
    Updated Date
    18.11.15
    File Size
    56 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
DLA Piper LLP Princes Exchange, Princes Square
Leeds
LS1 4BY
Lizzy Wood 0113 369 2485elizabeth.wood@dlapiper.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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