76-78 High Street, Fareham, Hampshire, PO16 7AW

The portfolio comprises mixed-use freehold properties held under two titles. This is configured to provide a terrace of 5 ground floor lock up shops together with 4 self-contained flats over.

Commercial

76A High Street - Ground floor lock up shop trading as Bloom, (tenant has closed the shop and continues to pay rent). The principal display area is open plan and to the rear is a storeroom, preparation room, kitchen area and separate toilet.

77A High Street - Ground floor lock up shop trading as Cutting Edge Barbers. Principal open plan retail area and a small kitchenette and a separate toilet to the rear.

77B High Street - Ground floor lock up shop trading as Teddy Grace Fareham Limited. Originally open plan, the tenant has installed de-mountable partitions to create a reception area, treatment rooms and a kitchen. At the rear is a separate toilet.

77C High Street - Ground floor lock up shop trading as Hamertons hairdressers. The accommodation is arranged as one open plan retail area together with a small lean-to kitchen at the rear and a separate toilet.

78 High Street - Ground floor lock up shop trading as The Framing Centre. The shop has two retail display windows fronting onto the High Street together with ancillary offices/stores, kitchen and toilet.

Residential

76A High Street - First floor self-contained flat. Private door at street level into lobby with stairs up to first floor. Living room, kitchen, bedroom and bathroom.

77D High Street - First floor self-contained flat. Private entrance at street level; lobby with stairs up to first floor. Living room, kitchen, two bedrooms and a bathroom.

78A High Street - First floor self-contained flat. Communal entrance at street level; lobby with stairs up to first floor. Front door opening to dining area, living Room/kitchen, two bedrooms and a bathroom.

78B High Street - First floor self-contained flat. Communal entrance at street level; lobby with stairs up to first floor. Front door opening to Hall, Living Room/Kitchen, two bedrooms, and a bathroom.



76 - 78 High Street, Fareham, Hampshire, PO16 7AW is located within the town centre of Fareham,
a large market town at the north-west tip of Portsmouth Harbour. Fareham forms part of the
ever-expanding south coast conurbation, positioned between the cities and regional commercial hubs
of Portsmouth to the southeast and Southampton to the west. Fareham benefits from excellent
transport communications with easy access to junctions 10 and 11 of the M27, rail services at Fareham
Train Station (with a direct line to London Waterloo) and ferry services from Portsmouth and
Southampton. Furthermore, Southampton airport is a short car journey away.

Welborne Garden Village is currently under construction, immediately to the north of Fareham. Once
complete, this will comprise up to 6,000 new homes, a village centre and a Science & Technology Park.

The parade occupies an established and prominent position at the southern end of the High Street, at the junction of the High Street, East Street and West Street. This location is characterized by period properties, which at ground level are generally occupied by independent businesses with residential accommodation above.

The pedestrianised precinct, shopping centre and Fareham Live a newly constructed community, arts and theatre destination are a short distance to the west by foot.


Freehold Sale
Multi-let - Mixed Use Investment


9 Tenants (5 Commercial and 4 Residential)
Producing Total Gross Income of £101,450 pax


Potential to Regear Leases
Town Centre Location


Easy Access to Junction 10 M27
Short Distance from the new Welborne Development


76, 77A and 78 High Street, Fareham are Grade II listed. In addition, the parade is situated within a conservation area.

A data room has been created with copies of the lease agreements, energy performance certificates, plans and photographs.

Get in touch for a link to the data room