FAREHAM 117 WEST STREET PO16 9YF LARGE TOWN CENTRE SITE
LOCATION Fareham is a market town on the South Coast of England between Portsmouth and Southampton in the South East of Hampshire. The subject premises are situated in a prominent position on West Street. This busy road is the main pedestrianized route from Fareham Rail Station to Fareham Shopping Centre. Nearby occupiers include Wetherspoons, Lloyds TSB, Pizza Hut, A-Plan and McDonald’s. ACCOMMODATION The premises are arranged over the ground and first floors. The ground floor is currently configured for the Post Office with a sales area and back office which could be incorporated into the main ground sales area. On the first floor are 3 self-contained offices with a further staff kitchen and WCs. Shop Width Shop Depth
13.16m 26.78m
43”18’ 87’8”
Ground Floor Sales Ground Floor Storage First Floor Offices First Floor Staff Facilities Total:
301.37 sq m 13.58 sq m 32.10 sq m 30.63 sq m 377.68 sq m
3,243 sq ft 164 sq ft 345 sq ft 329 sq ft 4,063 sq ft
TERMS The property is available by way of an assignment or sublease of the existing reversionary lease commencing on 11th May 2017 and expiring 10th May 2023. RENTAL £64,000 per annum, exclusive.
RATES Rateable Value 2017: £45,500 UBR 2017/2018: £0.466 Rates Payable 2017: £27,769 Interested parties are advised to make their own enquiries with Fareham Borough Council as the property may be eligible for transitional relief. USER The Property has A1 Planning Consent but may be suitable for other uses subject to planning and landlord’s consent. LEGAL Each party to be responsible for their own legal costs. VIEWING/FURTHER INFORMATION Please contact the agent Annie Newman Tel : 0113 237 6684 Email :
[email protected]