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Comprising Seven Retail Units and 29 Residential Units
The Residential Units comprise 25 x Studio Units and Four x 1 Bedroom Units
28 Residential Units are each subject to a Residential Property Letting Agreement and One Residential Unit is Vacant
Five Retail Units are subject to Commercial Property Lease Agreements, Two Retail Units are Vacant
41, 43, 45 Northam Road are Subject to Long Leaseholds, 37, 39, 49 are sold Freehold
The Receivers understand that the Residential and Commercial Property Letting Agreements to A-Space Living were granted without the consent of the secured chargeholder. The secured chargeholder is willing to sell the lot by TR2 in exercise of its power of sale so that the buyer acquires the properties free from the A-Space leases
Six Week Completion Available
Key Locations
The property is situated on the north side of Northam Road
An array of shops and amenities are available closeby and within Southampton city centre
Southampton Central station is approximately 0.9 miles to the west
The property provides convenient access to the M27 and M271 motorways
East Park and Palmerston Park are both within walking distance
The University of Southampton and Southampton Solent University are both accessible
Additional Information
There is no planning record held for the residential units and there is a current planning enquiry. Interested parties are advised to carry out their own investigations and will be deemed to bid accordingly.
Viewings
Viewings will be held for the following properties at 11am on Thursday 11th December. Please meet at 10 Northam Road. Please note that they will not be able to be opened all at the same time so patience would be appreciated while access is provided to parties systematically. A representative will be able to provide access to some of the units, but not all will be possible.
Lot 16 - 37, 39, 41-43, 45-47 and 49 Northam Road
Lot 100 - 10, 10a and 12a Northam Road
Lot 130 - 21, 23 & 25 Northam Road
Lot 157 - 51-53 Northam Road
Lot 160 - 20, 22, 24 Northam Road
Lot 213 - 86 and Flat 1a 88, 90 and 92 Northam Road
Lot 221 - 34 Northam Road
Agent Details
Allsop, Auction
020 3879 5993
Next Steps?
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