icons_size_white icons_size
menu

Agent's details

94 High Street, Gosport, Hampshire, PO12

For sale: £300,000.00|1,464 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALE£300,000.00
SIZE1,464 Sq Ft
ADDRESS94 High Street, Gosport, Hampshire, PO12
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON24th May 2022

Description

Description

Mixed Use Investment
Total Size: 136 sq m (1,464 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 property is situated on the eastern side of High Street which is the main shopping area within Gosport and is fully pedestrianised. Nearby occupiers include Shoe Zone, British Heart Foundation, Superdrug and Halifax.

Planning

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



VAT

We understand that the property is not elected for VAT.

Accommodation

The property comprises a self-contained ground floor retail unit with a large two bedroom maisonette above. The accommodation has the following approximate floor areas:

Ground floor shop 47 sq m (506 sq ft)
Maisonette 89 sq m (958 sq ft)
Total 136 sq m (1,464 sq ft)


Business Rates / Council Tax Band

Rateable Value (2017): £9,100
Council Tax Band: A

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 has the following EPC ratings:

Ground floor shop: C
Maisonette: D

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The ground floor retail unit is let to Vodafone Ltd (D and B rating 5A 2) for a term of five years from 23 October 2019 on an effectively full repairing and insuring lease. The passing rent is £11,000 pax. The tenant has an option to determine the lease on 22 October 2022.

The maisonette is let on an AST at a rent of £9,060 per annum.

Therefore, the total rent is £20,060 per annum.

We have been instructed to market the property subject to the above tenancies and quote a price of £300,000 for the freehold interest, subject to contract.
( Agency Pilot Software ref: 3895 )

Location

marker
Location: 94 High Street, Gosport, Hampshire, PO12

Portsmouth Harbour (0.6 miles)

Portsmouth & Southsea (1.3 miles)

Fratton (2.0 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here