2 bed flat for sale

Shop, Flat And Studio At, 147 West Street, Fareham, Hampshire PO16

Mixed-Use Freehold Investment with Ground Floor Shop & Two-Bed Flat in Fareham Fully Let with Strong ReturnsGuide Price £250,000 to £350,000*Buyers Premium Applies

For sale by online auction. To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website

Town & Country Property Auctions are delighted to offer For Sale this Exceptional Mixed-Use Freehold Investment opportunity comprising a ground floor retail unit, a two-bedroom first floor flat and a rear studio/office. The retail unit and flat are generating strong and reliable rental income.

Situated on West Street, Fareham, this substantial income-producing asset offers investors immediate cash flow with long-term capital growth potential. The property is fully tenanted across all units and presented in good condition throughout, requiring little to no immediate expenditure. This is a rare opportunity to acquire a diversified commercial and residential investment within a prime high street location.

The property will be entered into our 29th April 2026 auction which is held online and starts at 10am. You must register to bid and download the legal pack.
Property features

Number of Bedrooms: 2 (Flat)
. Reception Rooms: 4
- Ground Floor Shop - 1 Main Retail Room
- Flat - 1 Lounge
- Rear Studio/Office - 2 Rooms
. On Road Parking
. Council tax band: A
. Market Value: £400,000 oiro
. Rental Value Per Month: £2,380
- Ground Floor Shop - £1,035
- Flat - £1,045
- Rear Studio/Office - £300
. 28 Day Completion
. Freehold
. Fully Let with Reliable Tenants
. Strong Rental Returns
. Prime High Street Location with Strong Footfall
Tenancy information

147A West Street:
Tenancy Term: 6months fixed term
. Tenancy Start Date: 28th August 2013
. Tenancy Type: AST
. Are the Tenants in Arrears: No

147A West Street Shop:
Tenancy Term: 5 year lease, 3-year break clause
. Tenancy Start Date: 18th April 2023
. Tenancy Type: Commercial Retail Lease
. Are the Tenants in Arrears: No
Viewing arrangements

We will be holding viewing slots, please call us on .
The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.

Unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 2.5%+VAT (subject to a minimum of £8,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of id, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the legal documents'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.