Land for sale in Land Opposite, 64 Whitworth Crescent, Southampton, Hampshire SO18

Description

The property is situated approximately 2.9 miles north east of Southampton City Centre on Whitworth Crescent overlooking the River Itchen. Whitworth Crescent is located within Bitterne Park, a suburb of Southampton and is within a densely populated residential and retail district with nearby occupiers including Tesco Express, Boots Pharmacy and a handful of local occupiers situated in Bitterne Triangle.

The pontoon is currently let via "informal agreements" at individual berth fees of circa £60.00 - £80.00 per month. It is arranged as twelve berths at present of 5-6 meters, but could be changed. The garage is let on an informal basis at £185.00 per month. The site is currently producing an income of £11,880 per annum. Some areas are not rented and used by the owners.

The agreement with The Crown Estate is at a rent of £1,100 per annum. A new agreement will need to be in place with a prospective buyer at completion.

Part of the land is held freehold. There is a deed of right way from the adjacent plot.

Further documents and information available to interested parties.

Planning

Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe`, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.

EPC Text

Asset Rating - na

Rating

The property has a rating assessment of £1,625, as mooring & premises.
Source -
Please note currently zero rates payable due to reliefs.

Terms

Offers considered in the region of £180,000 subject to contract for the freehold interest with vacant possession on completion.

Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.