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West Street, Fareham

£350,000

Business rates & charges may apply

Kings Estates Commercial, National
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SECTOR

High street retail property for sale

Description

LOCATION
Fareham High Street

DESCRIPTION
This impressive mixed-use property presents an outstanding investment opportunity, combining both commercial and residential accommodation with strong, established rental income streams. Ideal for investors seeking dependable returns and long-term growth potential.

Ground Floor Retail Unit: A well-established commercial premises benefiting from excellent street frontage and visibility. Maintained to a high standard, the unit generates consistent rental income and is suitable for a variety of business uses.

First Floor Two-Bedroom Apartment: Situated above the retail unit, this spacious two-bedroom apartment offers comfortable, modern living accommodation. Currently tenanted, it provides a reliable income stream while also offering future capital appreciation potential.

Rear Studio/Office: Positioned to the rear of the property, this self-contained studio/office space is fully let, creating an additional source of rental income. It offers a private and peaceful working environment, making it an attractive option for tenants.

With multiple income-producing elements and strong investment fundamentals, this property represents a rare opportunity to acquire a versatile asset with immediate returns and future potential.

Ground floor commercial rent- £12,420pa - 2 years left on the lease
First floor two bedroom flat rent - £12,540pa - rolling monthly contract
Rear commercial studio/office space - £8400pa - over 3 and a half years left on the lease

Total rent per annum - £33,360

ACCOMMODATION
GROUND FLOOR SHOP MAIN ROOM - 23' 0" x 14' 6" (7.02m x 4.44m)
KITCHEN - 23' 0" x 14' 6" (7.02m x 4.44m)
TOILET - 10' 2" x 3' 10" (3.10m x 1.17m)
HALLWAY - 5' 6" x 11' 5" (1.70m x 3.49m)

FIRST FLOOR FLAT LOUNGE - 11' 5" x 14' 6" (3.50m x 4.44m)
KITCHEN - 11' 5" x 10' 1" (3.50m x 3.08m)
SHOWER ROOM - 10' 6" x 2' 10" (3.22m x 0.88m)
BEDROOM ONE - 10' 0" x 11' 0" (3.06m x 3.36m)-
RESTRICTIVE HEADROOM BEDROOM TWO - 8' 8" x 10' 0" (2.66m x 3.06m) -

RESTRICTIVE HEADROOM STUDIO/OFFICE ROOM ONE - 9' 3" x 15' 8" (2.82m x 4.80m)
ROOM TWO - 12' 9" x 14' 6" (3.89m x 4.44m)
KITCHEN - 6' 1" x 4' 1" (1.86m x 1.27m)
TOILET- 6' 0" x 4' 9" (1.85m x 1.47m)
HALLWAY - 25' 9" x 3' 2" (7.87m x 0.97m

West Street, Fareham

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Fareham Station0.4 miles
  • Portchester Station2.6 miles
  • Swanwick Station4.0 miles

About Kings Estates Commercial, National

Murrills House 48 East Street, Portchester, Fareham, PO16 9XS

"Kings Estates Commercial is a modern, enterprising estate agency with offices in Southampton, Portsmouth and Guildford offering Commercial Estate Agency services and marketing to a range of clients throughout the country.

Our clientele ranges from major investors to local businesses looking to let or sell commercial premises.

As an independent estate agency, we can offer a tailor made and personable service for all our clients, keeping their interests as our interests.

For tenants, we work hard to match their needs and desires to the properties they need, taking the time to listen to what they want from the perfect property and sourcing what they need rather than marketing to them something they don't want.

Whether you are looking to market with us or are looking for the dream site for your business, please get in touch."

Notes

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Disclaimer - Property reference 103592001372. 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 Kings Estates Commercial, National. 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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