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Investment for sale in Southampton

35 Vespasian Road, Southampton
For sale
£570,000
AUCTION PROPERTY
clive-emson-auctioneers
This property is marketed by:
Clive Emson Auctioneers
This boatyard sits between two relatively modern residential developments, which have both been created from similar former boatyard sites in recent years. This site, which measures 0.06Ha/0.16 acre has consent for a pair of townhouses to the front of the plot, with the rear half and moorings unencumbered by the planning consent.
It is considered that the reminder of the Freehold land on the river side of the plot, has scope and potential for further residential re-development if required, or for continued use to support river-based business use.
The moorings, hatched blue in the identification plan attached to the details, are held under the terms of a rolling, annual, non-transferable licence, from Crown Estates. We are advised the licence is not transferable. Prospective purchasers will need to enter into their own discussions and negotiations with Crown Estates, should they wish to continue to moor boats on site.

Planning
Planning Permission has been granted by Southampton City Council under ref: 25/00669/FUL, dated 17th November 2025, for redevelopment of site and erection of two three-storey four-bedroom semi-detached dwellings, subject to conditions.

A copy of the Planning Permission and accompanying documents may be downloaded from the Local Planning Authority website: southampton.gov.uk. Tel: 023 8083 3006.

Tenancies
The moorings are at present let under various informal agreements, copies of which will be available in the legal documents, however, with the moorings held, as disclosed above under the terms of a rolling, annual, non-transferable licence, from Crown Estates, prospective purchasers are advised that any existing agreements for mooring are very likely to fall away on completion of any purchase.

Tenure
Freehold and a licence agreement. The land element of the site is freehold, while the moorings are held under the terms of a rolling, annual, non-transferable licence, from Crown Estates.

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/

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