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161 Woodmill Ln 1,604 SF 100% Leased Retail Building Southampton SO18 2PG $820,736 CAD ($511.68 CAD/SF)



Investment Highlights
- Freehold Property
- Land and outbuildings
- Off street parking
- Garden
- Predominantly residential
- Development opportunity
- Class E use
- Driveway
- Affluent area
- Scenic road
Executive Summary
Being sold via Secure Sale online bidding. Terms and Conditions apply.
For sale with Class E use is this detached two storey freehold commercial unit with associated land and outbuildings accessed via a driveway which, subject to planning consent, could be replaced by two maybe three residential dwellings on Woodmill Lane in Southampton.
The property occupies a prominent position on Woodmill Lane ill Lane is a scenic road which runs between Thomas Lewis Way and Midanbury Lane near and crossing at one point the River Itchen characterized by green space and family homes in this almost exclusively residential suburb of Southampton.
Formerly a Funeral Directors the premises is split into two self-contained units with the ground floor currently offices and the first floor residential however it is thought likely that any prospective purchasers would seek to convert the property into one single dwelling which would be in keeping with neighbouring properties, a floor plan will be made available shortly showing the layout and exact dimensions of these rooms.
The A1 business use class was replaced by Class E in 2020 which was part of a wider update to the Business Use Classes Order in England and now incorporates a range of former use classes including A1 (shops) A2 (financial and professional services) A3 (restaurants and cafes) and B1 (business).
For sale with Class E use is this detached two storey freehold commercial unit with associated land and outbuildings accessed via a driveway which, subject to planning consent, could be replaced by two maybe three residential dwellings on Woodmill Lane in Southampton.
The property occupies a prominent position on Woodmill Lane ill Lane is a scenic road which runs between Thomas Lewis Way and Midanbury Lane near and crossing at one point the River Itchen characterized by green space and family homes in this almost exclusively residential suburb of Southampton.
Formerly a Funeral Directors the premises is split into two self-contained units with the ground floor currently offices and the first floor residential however it is thought likely that any prospective purchasers would seek to convert the property into one single dwelling which would be in keeping with neighbouring properties, a floor plan will be made available shortly showing the layout and exact dimensions of these rooms.
The A1 business use class was replaced by Class E in 2020 which was part of a wider update to the Business Use Classes Order in England and now incorporates a range of former use classes including A1 (shops) A2 (financial and professional services) A3 (restaurants and cafes) and B1 (business).
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
1,604 SF
Building Class
B
Year Built
1970
Price
$820,736 CAD
Price Per SF
$511.68 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.09 AC
1 1
Nearby Major Retailers
1 of 13
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161 Woodmill Ln
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