PO14 22 The Avenue, Fareham

The subject property occupies a site extending to approximately 0.57 acres and comprises a detached two-storey building currently operating as a hotel. The accommodation is arranged to provide a total of 21 en-suite letting bedrooms in addition to some owner's accommodation.

The ground floor includes a welcoming reception area, commercial kitchen, laundry facilities, bar room, and a dining area offering seating for approximately 48 covers. The internal layout is functional and well-suited to the existing use, with scope for alternative configurations, such as residential, care or educational uses, subject to the necessary consents.

Externally, the property benefits from a surfaced parking area to the front, providing space for approximately 23 vehicles. To the rear, there is a well-maintained private garden area offering amenity space for the occupier.

Fareham is a market town located approximately 15.5 miles east of Southampton and 8.3 miles north-west of Portsmouth. The town benefits from excellent transport connectivity, being positioned at Junction 10 of the M27 motorway, which in turn provides direct links to the M3 and A3(M), offering convenient access to London and the wider national motorway network.

The subject property is prominently positioned on the northern side of the A27, The Avenue, within close proximity to Fareham railway station and the town centre, both of which are within comfortable walking distance.

Planning

We understand that the property currently benefits from a Class C1 (Hotel) use under the Town and Country Planning (Use Classes) Order 1987 (as amended in 2020). The building was originally constructed as a private residence, with side extensions subsequently added following its conversion to hotel use.

Given the nature, layout, and size of the property, it may offer potential for alternative uses-such as residential, care provision, or educational purposes-subject to obtaining the necessary planning consents from the local authority.

VAT

We understand that the property is not elected for VAT.

Accommodation

The accommodation has the following approximate Gross Internal Area (GIA):

Business Rates / Council Tax Band

Rateable Value (2023): £25,500.

EPC

We understand the property has an EPC rating of C - 54.

Legal Fees

Each party to bear their own legal costs incurred.

AML

In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of ?15,000 (EUR) or more, or a rental value of ?10,000 (EUR) per calendar month or greater.

This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.