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Agent's details

94 West Street, Fareham, Hampshire, PO16

To rent: £17,500.00 Per Annum|932 - 1,398 Sq Ft|Office, Retail - High Street, Healthcare, Leisure Property, Other, Restaurants/Cafes, Offices, Retail, Other Property Types & Opportunities, Licensed & Leisure

Property details

TO RENT£17,500.00 Per Annum
SIZE932 - 1,398 Sq Ft
ADDRESS94 West Street, Fareham, Hampshire, PO16
TYPEOffice, Retail - High Street, Healthcare, Leisure Property, Other, Restaurants/Cafes, Offices, Retail, Other Property Types & Opportunities, Licensed & Leisure
TENURETo Let, Under Offer
POSTED ON8th August 2021

Description

Description

Large Ground Floor Class E Premises
Sales Area 86.60 sq m (932 sq ft)

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 southern side of West Street close to its junction with Hartlands Road.

Nearby occupiers include McDonalds, Every Cloud, Nationwide and A Plan Insurance.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.

Interested parties should make their own planning enquiries and satisfy themselves in this regard.



VAT

We understand the property is not registered for VAT.

Accommodation

The accommodation comprises a ground floor retail providing open plan sales area, WC, kitchen and rear storage. The unit has the following approximate NIA:

Description sq msq ft
Sales Area 86.60932
Storage 43.29466
Total NIA129.891,398

Business Rates / Council Tax Band

Rateable Value (2017): £17,500.

Following the Government's recent Budget, occupiers of retail and leisure properties are eligible to receive a discount of 100% from their 2020/2021 rates bill, which may be subject to EU State Aid Limits. Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).

EPC

We understand the property to have an EPC rating of B (45).

Legal Fees

Each party to bear their own legal costs incurred.

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 £17,500 per annum exclusive.
( Agency Pilot Software Ref: 3889 )

Location

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Location: 94 West Street, Fareham, Hampshire, PO16

Fareham (0.5 miles)

Portchester (2.5 miles)

Swanwick (4.1 miles)

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