Under Offer

TypeRetail Investments · Ground Rents · Assured Shorthold Tenancies

PO16 202 West Street, Fareham

TenureFor sale

202 West Street, Fareham, PO16 1/21

Specification

Building size
Building size 4,541 sqft
Property type
Property type Retail Investments · Ground Rents · Assured Shorthold Tenancies
Tenure
Tenure For sale

Description

The property comprises a two-storey mid-terraced building. The ground floor is configured as a single retail unit, currently let, with ancillary storage accommodation and WC facilities positioned toward the rear.

The first floor provides three self-contained residential flats, identified as 202a and 202b West Street, both accessed independently from the frontage, and 35 Crescent Road, which is accessed via an entrance to the rear.

Flat 202a West Street has been disposed of by way of a long leasehold interest.

Flats 202b West Street and 35 Crescent Road are each arranged as two-bedroom residential units.

You can virtually view the property using the following links -

35 Crescent Road - https://my.matterport.com/show/?mx8qAUDV5fvTCz

202 West Street - https://my.matterport.com/show/?mx8MSvb1dUvaEw

202a West Street - https://my.matterport.com/show/?mx8PCR4A6Mh4UC

Busy retail location and vehicular thoroughfare

Large self-contained ground floor retail unit

Two x self-contained flats (two bedroom)

Total passing rent £46,400 per annum

Location

Fareham is located approximately 15.5 miles east of Southampton and 8.3 miles north west of Portsmouth. The city benefits from excellent road communications being situated at Junction 10 of the M27, which links to M3 and A3(M) and provides access to London and the wider national motorway network.

The property is situated on the southern side of West Street, close to its junction with Cresent Road.

Nearby occupiers include Fare Train Station, South Coast Appliances, Costcutter and Aldi.

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