Guide price
£325,000
Detached house for saleElm Grove, Hayling Island, Hampshire PO11
EPC Rating: D
About this property
Fantastic investment opportunity
Commercial unit with two bedroom apartment
Off road parking for multiple vehicles
Freehold unit
No forward chain
Mengham village
*** Starting bid of £325,000 ***
A rare opportunity has become available to acquire a detached freehold commercial property with a two bedroom apartment above. Positioned in the centre of Mengham village, this property benefits from excellent visibility and footfall, with immediate access to local amenities including healthcare facilities, retail outlets, schools and key transport links. The seafront is also within close proximity, enhancing the location’s appeal for a wide range of commercial uses. A viewing is strongly recommended to fully appreciate the scale, versatility and opportunities this property offers.
In addition to the commercial unit there is a two bedroom apartment comprising; two double bedrooms, a spacious lounge, fitted kitchen and bathroom. The property also benefits from parking for approximately four vehicles to the rear of the building.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
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