Shop/Retail unit For Sale or To Let in Fareham

Central Fareham

201 West Street Fareham Hampshire PO16 0EN

Ground Floor: 312 sq.m/3,356 sq.ft
Total Floor Area: 312 sq.m/3,356 sq.ft




Last updated: 19 Aug 2020 Ref: 201WestStreet

Property Description

The property comprises a part II-part III storey semi-detached commercial premises. Currently configured to provide two ground floor retail premises, and offices over first /second floor which are independently accessed via West Street. In addition to the rear of the commercial premises there is a two-storey residential dwelling that requires significant refurbishment. Externally there is a large parking area which we understand is available to the existing tenants on an informal arrangement. 201 West Street is let. The property provides a large retail area which has been subdivided to provide entrance reception area and rear consultation rooms along with basic staff facilities. The tenant is currently holding over on a three-year lease at a passing rent of £12,000 per annum. 201a West Street is currently trading as a convenience store. The property provides a ground floor retail area, rear store/lobby and wc. The property was leased for a term of 21 years, expiring Nov 2020 at a passing rent of £7,000 per annum. 201b&c West Street is let as office premises. The property is configured to provide cellular and open plan office accommodation over 1st and second floors with ancillary staff facilities. The property was leased for a term of 5 years, expiring June 2024 at a passing rent of £11,100 per annum. 201d a vacant two storey residential dwelling currently used for storage. The property is currently configured to provide ground floor entrance hall, two rooms and

Specification and floor areas

  • Net Internal Floor Area
Measurementimperialmetric
Ground Floor3,356 sq.ft312 sq.m
Total Floor Area 3,356 sq.ft 312 sq.m

Financials

For sale and to let: (subject to contract)

  • Rent on application
  • Price £500,000 equating to £149 psf
  • Each party to be responsible for their own legal costs incurred in the transaction. Unless stated, all prices and rents are quoted exclusive of VAT.

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 located in West street, the principle commercial street which runs in a west to east direction offering convenient access to the A27. The property is located on the north side of west street close to its junction with Trinity Street. At this point West Street is Characterised by retail properties with the upper parts converted to residential accommodation.

Map



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Agents Contact Details

Name: Simon Hake
Company: Holloway Iliffe & Mitchell
Address: 10 Acorn Business Park Northarbour Road Portsmouth Hampshire PO6 3TH
Email:
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Direct Dial: (023) 9237 7800
Mobile: (023) 9237 7800





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