Property 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. * EPC Rating D80.
Specification and floor areas
| Measurement | imperial | metric |
|---|
| Ground Floor | 1,393 sq.ft | 129 sq.m |
| Total Floor Area |
1,393 sq.ft |
129 sq.m |
Financials
For sale and to let: (subject to contract)
- Rent on application
- Price £170,000 equating to £122 psf
- 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.
Agent's Disclaimer
For the Lessors or Vendors of this instruction, whose Agents they are,
give notice that; These particulars are set out as general guidance only
to intending Purchasers or Lessees, and do not constitute any part of an
offer or contract. Details are given without any responsibility and any
intending Lessees, Purchasers or Third Parties should not rely on them
as statements or representations of fact, but must satisfy themselves by
inspection or otherwise as to the correctness of each of them. No person
in the employment of Holloway Iliffe & Mitchell has any authority to make
any representation or warranty whatsoever in relation to this property.
There are no plans available to view for this property. Contact the agent for further information.
Property Location
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.
Map
