Guide price
£400,000
3 bed maisonette for saleRails Lane, Hayling Island, Hampshire PO11
3 beds
2 baths
2 receptions
About this property
Retail/commercial unit
Plus 3 bed maisonette
Garage
Freehold
Freehold Commercial Premises with Spacious 3 Bedroom Maisonette Above. A rare opportunity to acquire a prominent freehold retail/commercial unit situated at the well known Eastoke Corner, currently trading as Hayling Plus Post Office, with a substantial three bedroom maisonette above.
The ground floor retail premises offers a main shop frontage, inner office with cloakroom, and a rear storeroom, providing flexible commercial space in a highly visible and established location. Above, the generously proportioned two storey maisonette is accessed via a west facing courtyard and benefits from a garage. The first floor accommodation features an entrance conservatory with doors opening onto a roof terrace, hallway, cloakroom, kitchen/diner and a comfortable lounge. The second floor comprises three bedrooms and a family bathroom. This mixed use property presents an excellent investment or owner occupier opportunity, combining reliable commercial income with well sized residential accommodation. Viewing is highly recommended to fully appreciate the scale, versatility and potential on offer. Important Information:
• The Post Office at 25 Rails Lane is subject to a 15year lease commencing 11 July 2023.
• The maisonette at 25A Rails Lane is let on an AST, commencing February 2023.
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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