£405,000
(£107.91/sq. ft)
Retail premises for sale167-169 West Street, Fareham PO16
3,753 sq. ft
EPC Rating: E
Just added
Freehold
About this property
Freehold investment
Class E usage
Central High Street location
Prominent roadside position
Description
The property comprises a three storey, mid-terraced building, with the ground floor providing two large self-contained Class E retail units with ancillary space and WC facilities for each as well as two car parking spaces. We understand the first floor is occupied by a church and has been let for a term of 999 years from 2007. The second floor has been let for a term of 999 years from 2006, with 8 separate long leasehold interests, each for a term of 125 years.
Location
The subject property is located in West Street, Fareham, between the south coast cities, Portsmouth and Southampton. Fareham is a market town located in Hampshire and can be accessed by the M27 motorway via Junction 11. The subject property benefits from easy access to Fareham train station which is approximately 1.6 miles away. Nearby occupiers include a mixture of traditional retail and tertiary based businesses.
The property comprises a three storey, mid-terraced building, with the ground floor providing two large self-contained Class E retail units with ancillary space and WC facilities for each as well as two car parking spaces. We understand the first floor is occupied by a church and has been let for a term of 999 years from 2007. The second floor has been let for a term of 999 years from 2006, with 8 separate long leasehold interests, each for a term of 125 years.
Location
The subject property is located in West Street, Fareham, between the south coast cities, Portsmouth and Southampton. Fareham is a market town located in Hampshire and can be accessed by the M27 motorway via Junction 11. The subject property benefits from easy access to Fareham train station which is approximately 1.6 miles away. Nearby occupiers include a mixture of traditional retail and tertiary based businesses.
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Monthly repayment
£2,026 per month
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