14 Lock-up Garages Robere House, Radstock Road, Southampton, City of Southampton, SO19 2QW
£70,000+
Commercial
Key Features
- An opportunity to acquire 14 freehold lock-up garages at Robere House development
- ERV when fully let at market rent of £16,800 pa
- An ideal asset management opportunity
Part of the
20 August 2026
auction
Nottingham Racecourse
at
2.30PM
An opportunity to acquire 14 freehold lock-up garages at Robere House development. ERV when fully let at market rent of £16,800 pa
- 14 freehold lock-up garages
- Located within the Robere House development
- Situated in a quiet and well established residential area
- Excellent road connectivity, close to M27 & M3
- Less than one mile from Southampton City Centre
- Comprising 2 blocks of garages extending to circa 2,240 sq ft
- Block 1 comprises 9 garages (circa 1,440 sq ft)
- Block 2 comprises 5 garages (circa 800 sq ft)
- Approximate dimensions of each lock-up garage
- Width - 2.75 m
- Depth - 5.4 m
- Height - 2.4 m
- Size per garage of circa 160 sq ft
- Potential income of £100 pcm per garage
- ERV when let fully let at market rent of circa £16,800 pa
- Potential for future residential development (STP)
- Scope to be securely fenced off
- 3 of the garages have doors bricked off
- An ideal asset management opportunity
- Potential for a high-yielding investment Note: Owned by a family member of Auction Estates
Fees
A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Refer to Legal Pack