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98 West Street, Fareham, PO16 0EP

Offers in Region of
£170,000

£122.04 per sq ft

Business rates & charges may apply

Holloway Iliffe & Mitchell, Portsmouth
SIZE AVAILABLE

1,393 sq ft

129 sq m

SECTOR

High street retail property for sale

Key features

  • Centrally Located Unit
  • Modern Shop Front
  • Close to Pedestrian Zone
  • Investment

Description

The property is a mid terrace building, with the freehold comprising of the ground floor lock-up shop. The building has rear pedestrian and vehicle access. The property is currently rented with office use and fit out.

Above is a 2 bedroom maisonette to the front along with a rear garage and store above, sold off on a long-leasehold.

The property is situated on the western side of the pedestrian precinct in central Fareham, close to the bus depot and approximately a mile from Fareham mainline station. The property offers convenient access to junction 11 of the M27 motorway with access to Portsmouth and Southampton.

The Freehold of the entire building is available at the guide price of £170,000.

The property is currently let to Whitehead-Ross Education and Consulting Ltd on a 5 year lease (from 16th June 2023), where the rent is £12,000 pa, with no break or rent review.

The freehold is subject to a ground rent from the long-leasehold of £200 pa.

Rateable Value £12,000 (source: VOA)
You are advised to make your own enquiries in this regard to the local authority.

Legal Costs - Each party to bear their own costs incurred in the transaction
VAT - it is understood that VAT is not applicable.

Brochures

98 West Street, Fareham, PO16 0EP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Fareham Station0.5 miles
  • Portchester Station2.5 miles
  • Swanwick Station4.0 miles

About Holloway Iliffe & Mitchell, Portsmouth

10 Acorn Business Centre, Northarbour Road, Cosham, Portsmouth, PO6 3TH

Notes

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Disclaimer - Property reference 108893-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Holloway Iliffe & Mitchell, Portsmouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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