22 The Avenue, Fareham, Hampshire, PO14 1NS
- SIZE AVAILABLE
3,000-6,828 sq ft
279-634 sq m
- SECTOR
Hotel to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Fareham is a popular and attractive market town
- Prominent location close to the town centre and motorway network
- Attractive plot size with ample parking for 23 vehicles and well maintained garden
- Currently configured as a 21-Bedroom Hotel with en-suite letting rooms and owners accommodation
- Potential for alternative uses such as residential, care provision or educational purposes (STP)
- New FRI lease available
- Rent £105,000 pax
- Alternatively, consideration may be given to selling the freehold, subject to terms. Price on application
- No VAT
Description
The subject property occupies a site extending to approximately 0.57 acres and comprises a detached two-storey building currently operating as a hotel. The accommodation is arranged to provide a total of 21 en-suite letting bedrooms in addition to some owner's accommodation.
The ground floor includes a welcoming reception area, commercial kitchen, laundry facilities, bar room, and a dining area offering seating for approximately 48 covers. The internal layout is functional and well-suited to the existing use, with scope for alternative configurations, such as residential, care or educational uses, subject to the necessary consents.
Externally, the property benefits from a surfaced parking area to the front, providing space for approximately 23 vehicles. To the rear, there is a well-maintained private garden area offering amenity space for the occupier.
Location
Fareham is a market town located approximately 15.5 miles east of Southampton and 8.3 miles north-west of Portsmouth. The town benefits from excellent transport connectivity, being positioned at Junction 10 of the M27 motorway, which in turn provides direct links to the M3 and A3(M), offering convenient access to London and the wider national motorway network.
The subject property is prominently positioned on the northern side of the A27, The Avenue, within close proximity to Fareham railway station and the town centre, both of which are within comfortable walking distance.
Planning
We understand that the property currently benefits from a Class C1 (Hotel) use under the Town and Country Planning (Use Classes) Order 1987 (as amended in 2020). The building was originally constructed as a private residence, with side extensions subsequently added following its conversion to hotel use.
Given the nature, layout, and size of the property, it may offer potential for alternative uses-such as residential, care provision, or educational purposes-subject to obtaining the necessary planning consents from the local authority.
VAT
We understand that the property is not elected for VAT.
Accommodation
The accommodation has the following approximate Gross Internal Area (GIA):
Business Rates / Council Tax Band
Rateable Value (2023): £25,500.
EPC
We understand the property has an EPC rating of C - 54.
Legal Fees
Each party to bear their own legal costs incurred.
AML
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.
Brochures
22 The Avenue, Fareham, Hampshire, PO14 1NS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Fareham Station0.2 miles
- Portchester Station3.1 miles
- Swanwick Station3.4 miles
Notes
Disclaimer - Property reference 6956LH. 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 Flude Property Consultants, 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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