LOT 9 - Winchester

Units 1 & 2 St. Vigor Way, Colden Common, Winchester, Hampshire, SO21 1UU

Freehold Convenience Store Investment

Sale Price

£517,500

Key Features
  • Comprising a convenience store with post office & a shop let on a long lease
  • Convenience store let to Southern Co-Operative Retailers Limited on a lease expiring in 2030 (no breaks)
  • Situated in a predominantly residential area
  • Benefits from a 14 space car park
  • No VAT applicable
  • Six Week Completion Available

Total Current Rent Reserved
£28,500 p.a.
Tenure

Freehold


Location
  • Colden Common is an affluent village in Hampshire, located approximately 5 miles south of Winchester and 10 miles north of Southampton
  • The M3 Motorway is some 2.5 miles to the west, and the M27 some 4.1 miles to the south
  • The property is situated on St Vigor Way at its junction with Upper Moors Road, within a predominantly residential area
  • Occupiers close by include Colden Common Community Centre & Coldon Common Pre School (both adjacant)
Additional Information
  • The property benefits from a loading yard and car parking for 14 cars
Contacts
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Important notice - guide prices, reserves and additional charges Please note that charges and fees additional to the sale price might be payable by the successful buyer in respect of the Lot. Please read the information below and check the Special Conditions of Sale, the Particulars of Sale and any addendum for the Lot before deciding whether or not to bid. *Guide Prices 1. Where a guide price (or range of prices) is given, that guide is the minimum price at which (or range of prices within which) the seller might be prepared to sell on the date on which the guide price (or range of prices) is published. The guide price will normally be at or above any reserve price. 2. The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website and you are advised to check the website regularly for updates. 3. All guide prices are Quoted "subject to contract". 4. Please note the guide price for the Lot does not include: - any Buyers' Fee charged by the auctioneers; - VAT on the sale price; - SDLT or any other Government taxes; - additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers. 5. If a guide price is listed as "TBA", it means no guide price has been set at present. Please do not call our office about this - the guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates. Reserve Prices 6. The reserve price is the minimum price at which the Lot can be sold. 7. Whilst every effort is made to ensure that the advertised guide prices are up-to-date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price ju st before the Lot is offered for sale. Buyers' fees, Seller's fees and additional charges 8. For each Lot, on the fall of the hammer, a Buyers' Fee is payable to Allsop LLP as follows: Commercial Auctions: - All Lots: Buyer's Fee of £500 plus VAT (£600 inclusive of VAT) Residential Auctions: - Lots sold for £10,000 or more: Buyers' Fee of £1,000 inclusive of VAT - Lots sold for less than £10,000: Buyers' Fee of £200 inclusive of VAT 9. Additional charges and fees might be charged by the seller and/or other third parties . You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts. 10. VAT may be chargeable in addition to the sale price for the Lot. The Lot Particulars and/or the Special Conditions of Sale will indicate whether VAT applies. Other Matters 11. Please note that lots may be sold or withdrawn at any time prior to auction. 12. Cheques for Deposits and Buyers' Fees to be made payable to 'Allsop LLP Clients Account'. NB. Buyer's Fees may be varied. Please refer to the addendum, the particulars or the conditions of sale. 13. Street trader plans are reproduced with the consent of Experian Goad Limited. Experian Goad Digital Plans include mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty's Stationery Office. © Crown Copyright and Experian Copyright. All rights reserved. Licence number PU 100017316. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty's Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020 14. The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not necessarily drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries . The Auctioneers cannot guarantee that any plans or photographs show the up to date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.