Lot 01 The Barn, 259 Lovedean Lane, Waterlooville, PO8 9RX

Bidding Closed



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Simon Bailey

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Vendor Solicitor

Sian Davies

+44 (0) 116 239 1710

1. Please refer to the legal pack for the delineation of the extent of the site and buildings that is subject to the lease referred to in the tenancy details. 2. We are informed by the tenant that the two single storey workshops at the southern end of the site are subject to an informal agreement at a rent of £500 per month, which would take the current annual income to £41,000 per annum. The auctioneers have not sight of any written agreement in this regard. 3. The part single/part two storey barn that sits between the two occupied parts of the site is currently vacant.
Property Summary
  • On behalf of J Liddiment and P Greenhalgh of Duff and Phelps acting as joint Fixed Charge Receivers
  • Freehold workshop investment
  • Site area 0.30 hectares (0.75 acres)
  • Potential future development potential (subject to planning)
  • Producing £35,000 per annum



Waterlooville is a market town in Hampshire lying about 8 miles north of Portsmouth and 20 miles south east of Winchester at the southern tip of the South Downs National Park. It lies to the west of the A3(M), which links with the A27 to the south and M25 to the north. Rowlands railway station provides services to London Waterloo as well as Portsmouth.

The property lies in the village of Lovedean, which lies about 2 miles north of Waterlooville and is accessed via the A3 and Lovedean Lane. The property lies on the west side of Lovedean Lane between its junctions with Coldhill Lane and Day Lane just to the south of the Bird in Hand.


An irregular shaped site totalling about 0.30 hectares (0.75 acres) containing a series of former barns and outbuildings currently used as car sales and an MOT centre. The building footprint totals approximately 1,114.80 sq m (12,000 sq ft). The site and buildings may offer alternative use or development potential, subject to obtaining the necessary consents. Prospective purchasers are advised to make their own enquiries.


East Hampshire District Council (01730 234246) www.easthants.gov.uk

Please refer to Legal Documents
Property Table
TOTAL  £35,000
The BarnWorkshop and outbuildingsLet to Auto-Barn Motor Services Ltd for a term of 5 years from 12/02/2015 (1)£35,000

(1) The lease is subject to a schedule of condition (refer to legal pack)

The auctioneers have not measured the buildings but from site plans estimate the building footprint to total approximately 1,114.80 sq m (12,000 sq ft).


Please refer to the legal pack

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