Retail Unit with Garage and Two Bedroom Flat
Total Size 130.03 sq ft (1,400 sq m)
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 property is situated on the eastern side of Whitworth Road at its junction with Carlyle Road.
Interested parties are advised to make their own enquiries to satisfy themselves in respect of existing planning consents.
The property comprises a prominent corner building, which is configured as a self-contained ground floor retail unit and seperate two bedroom flat, which is arranged over ground and first floors. Externally, there is a large garage which is currently used as storage for the retail unit.
We understand the property has the following approximate floor areas:
Retail Unit - 66.80 sq m (719 sq ft)
Garage - Not Measured
Two Bedroom Flat - 63.23 sq m (681 sq ft)
Total - 130.03 sq m (1,400 sq ft)
Business Rates / Council Tax Band
Rateable Value (2017): £7,900.
Council Tax Band A.
Should you require further information on Business Rates, please contact
our in house rating surveyor Daniel Green (firstname.lastname@example.org).
Retail Unit - C (53)
Flat - to be confirmed.
Each party to bear their own legal costs incurred.
The ground floor shop and garage is let to Barnardo's on an effectively full repairing and insuring lease for a term of five years from July 2019, expiring July 2024. The passing rent is £11,000 pax.
The flat above is vacant, which once refurbished could let for £700 pcm (£8,400 pa).
Therefore, once fully let the building could produce £19,400 pa.
We have been instructed to market the property and quote a price of £225,000 for the freehold interest, subject to contract.
( Agency Pilot Software Ref: 3638 )