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97-99 Bury Road, Gosport, PO12 3PR

For sale: £150,000.00|To rent: £11,520.00 Per Annum|931 Sq Ft|Retail - High Street, Healthcare, Other, Land, Retail, Other Property Types & Opportunities, Commercial Land

PROPERTY DETAILS

FOR SALE£150,000.00
TO RENT£11,520.00 Per Annum
SIZE931 Sq Ft
ADDRESS97-99 Bury Road, Gosport, PO12 3PR
TYPERetail - High Street, Healthcare, Other, Land, Retail, Other Property Types & Opportunities, Commercial Land
TENURETo Let, Under Offer, For Sale Freehold
POSTED ON1st June 2020

DESCRIPTION

Description

Commercial Unit with Development Potential
Total Size 86 sq m (931 sq ft)

Location

Gosport is located on the south coast approximately three miles south west of Portsmouth, six miles south east of Fareham and 15 miles south east of Southampton. The A32 (Fareham Road) is the principal arterial route to Gosport and provides good access to the M27 at junctions 10 and 11, which in turn links to the M3 at Southampton and the A3(M) at Havant.

Gosport links directly to Portsmouth via a pedestrian ferry that runs throughout the day with a journey time of four minutes.

The property is situated on the southern side of Bury Road, which approximately 1.5 miles from the town centre. Nearby occupiers include Memorial Hospital, Wells Pharmacy, Domino's and a Community centre.

Planning

Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The property comprises a double fronted, ground floor retail unit providing an open plan sales area, with a WC and kitchen. Externally, there is rear parking for one car.

The property has the following approximate areas and dimensions:

Ground floor sales area 80 sq m (866 sq ft)
Storage 6 sq m (65 sq ft)
Total Size 86 sq m (931 sq ft)

Business Rates / Council Tax Band

Rateable Value (2017): £11,250.

As the RV is below £12,000 we believe 100% small business rate relief is possible.

EPC

We understand the property has an EPC rating of D(84).

Legal Fees

The prospective tenant will be required to contribute to the costs incurred in this transaction.

Terms

The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £960 per month exclusive.

Alternatively, the freehold is available at a guide price of £150,000, subject to contract and with vacant possession.
( Agency Pilot Software Ref: 2931 )

LOCATION

Location: 97-99 Bury Road, Gosport, PO12 3PR

Portsmouth Harbour (1.8 miles)

Portsmouth & Southsea (2.5 miles)

Fratton (3.2 miles)

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