Guide price
£399,000
Land for saleWoodmill Lane, Southampton SO18
About this property
Freehold Property
Development opportunity
Land and outbuildings
Class E use
Off street parking
Driveway
Garden
Affluent area
Predominantly residential
Scenic road
Summary
Being sold via Secure Sale online bidding. Terms and Conditions apply.
For sale with Class E use is this detached two storey freehold commercial unit with associated land and outbuildings accessed via a driveway which, subject to planning consent, could be replaced by two maybe three residential dwellings on Woodmill Lane in Southampton.
The property occupies a prominent position on Woodmill Lane ill Lane is a scenic road which runs between Thomas Lewis Way and Midanbury Lane near and crossing at one point the River Itchen characterized by green space and family homes in this almost exclusively residential suburb of Southampton.
Formerly a Funeral Directors the premises is split into two self-contained units with the ground floor currently offices and the first floor residential however it is thought likely that any prospective purchasers would seek to convert the property into one single dwelling which would be in keeping with neighbouring properties, a floor plan will be made available shortly showing the layout and exact dimensions of these rooms.
The A1 business use class was replaced by Class E in 2020 which was part of a wider update to the Business Use Classes Order in England and now incorporates a range of former use classes including A1 (shops) A2 (financial and professional services) A3 (restaurants and cafes) and B1 (business).
Description
We are pleased to offer this Class E use is this detached two storey freehold commercial unit with associated land and outbuildings accessed via a driveway which, subject to planning consent, could be replaced by two maybe three residential dwellings on Woodmill Lane in Southampton.
Location
The property occupies a prominent position on Woodmill Lane ill Lane is a scenic road which runs between Thomas Lewis Way and Midanbury Lane near and crossing at one point the River Itchen characterized by green space and family homes in this almost exclusively residential suburb of Southampton.
Tenure
Freehold - Title number HP301055
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Being sold via Secure Sale online bidding. Terms and Conditions apply.
For sale with Class E use is this detached two storey freehold commercial unit with associated land and outbuildings accessed via a driveway which, subject to planning consent, could be replaced by two maybe three residential dwellings on Woodmill Lane in Southampton.
The property occupies a prominent position on Woodmill Lane ill Lane is a scenic road which runs between Thomas Lewis Way and Midanbury Lane near and crossing at one point the River Itchen characterized by green space and family homes in this almost exclusively residential suburb of Southampton.
Formerly a Funeral Directors the premises is split into two self-contained units with the ground floor currently offices and the first floor residential however it is thought likely that any prospective purchasers would seek to convert the property into one single dwelling which would be in keeping with neighbouring properties, a floor plan will be made available shortly showing the layout and exact dimensions of these rooms.
The A1 business use class was replaced by Class E in 2020 which was part of a wider update to the Business Use Classes Order in England and now incorporates a range of former use classes including A1 (shops) A2 (financial and professional services) A3 (restaurants and cafes) and B1 (business).
Description
We are pleased to offer this Class E use is this detached two storey freehold commercial unit with associated land and outbuildings accessed via a driveway which, subject to planning consent, could be replaced by two maybe three residential dwellings on Woodmill Lane in Southampton.
Location
The property occupies a prominent position on Woodmill Lane ill Lane is a scenic road which runs between Thomas Lewis Way and Midanbury Lane near and crossing at one point the River Itchen characterized by green space and family homes in this almost exclusively residential suburb of Southampton.
Tenure
Freehold - Title number HP301055
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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Monthly repayment
£1,995 per month
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