167-169 West Street, Fareham, Hampshire, PO16 0EF,
key features
  • Freehold investment
  • Class E usage
  • Central High Street location
  • Prominent roadside position
About the property

For Sale - Retail Freehold Investment

Description
The property comprises a three storey, mid-terraced building, with the ground floor providing two large self-contained Class E retail units with ancillary space and WC facilities for each as well as two car parking spaces. We understand the first floor is occupied by a church and has been let for a term of 999 years from 2007. The second floor has been let for a term of 999 years from 2006, with 8 separate long leasehold interests, each for a term of 125 years.
Location
The subject property is located in West Street, Fareham, between the south coast cities, Portsmouth and Southampton. Fareham is a market town located in Hampshire and can be accessed by the M27 motorway via Junction 11. The subject property benefits from easy access to Fareham train station which is approximately 1.6 miles away. Nearby occupiers include a mixture of traditional retail and tertiary based businesses.
Price
£395,000
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Amy Baker
BA (Hons) MRICS
Chartered Surveyor
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Winchester Commercial
45 Jewry Street Winchester Hampshire SO23 8RY
Customer Rating
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availability
Address
size (sq ft)
size (sq m)
Price
Availability
Unit 167
1,912
178
-
Available
Unit 169
1,845
171
-
Available