1 Holbury Cottage, Lime Kiln Lane, Holbury, Southampton, SO45 2HE

Description



Holbury is located close to the eastern boundaries of the New Forest forming part of the Waterside Parishes. The site is within easy reach of Southampton city centre, benefits from proximity to the Fawley oil refinery, is well served by local roads and has good access to the M27 and wider UK motorway network.

The subject property is situated on Lime Kiln Lane in a rural location and within close proximity to a large residential catchment area.

The site is understood to extend to approximately 4.978 acres in total, which forms the residential plot, open storage areas, recycling plant/yard and some steep banked wooded/overgrown areas. The plot is available as a whole or in 3 separate plots.

The site currently comprises a vacant detached cottage with an enclosed garden to the front of the plot. The cottage benefits with two double garages and a conservatory to the rear. There is an enclosed garden at the rear, with further access points to the yard to the side and rear. There are also several garden structures/summer houses.

Within the plot lays a commercial site/yard extending to circa 1.47 acres which comprises a series of open storage/compound areas. There are a number of storage/shipping containers and vehicles on site. This commercial element has a gated entrance directly from Lime Kiln Lane.

The last element of the plot benefits from a separate access waste recycling yard which is also accessible from Lime Kiln Lane. Within the site there are a series of open storage units used for sorting, open storage areas and portable cabin structures. This portion extends to circa 0.8 acres.



Accommodation



Dwelling:
Ground floor - 2,122 sq.ft (196.22 sq.m)
First Floor 1,179 sq.ft (109.54 sq.m)
5 x Double Bed and 2 x Single Bed
Total Gross Area 3,291 sq.ft (305.76sq.m)



Planning



Interested parties are advised to make their own enquiries of the Local Authority for confirmation.



Terms



Asking in excess of £2,000,000 for the freehold interest with vacant possession on the majority but subject to tenancies details below on completion subject to contract.

Unconditional offer only.



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



Commercial Unit - "The Warren"
Land known as The Warren let to HH and DE Drew Limited for a term expiring 29 September 2037 vat a passing rent of £26,510 per annum. As far aware the 2019 rent review was not actioned and the next review being 2024. The lease is subject to tenant breaks 2025,2028, 2031 and 2034. Full repairing subject to a schedule of condition.

Telecoms Mast
Site No. 26552 let to EE Limited and Hutchinson 3G UK Ltd for ten years, expiring 12 December 2031 at a rate of £1,250 per annum, subject to a CPI index linked rent review at fifth year.

Main Commercial Site
There have been a number of short term lettings on an informal basis, the majority of which have now been terminated.
( Agency Pilot Software ref: 8323 )