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Agent's details

98 West Street

For sale: £320,000.00|2,543 Sq Ft|Other, Land, Residential, General Retail, Other Property Types & Opportunities, Commercial Land, Retail

Property details

FOR SALE£320,000.00
SIZE2,543 Sq Ft
ADDRESS98 West Street, Fareham, PO16 0EP
TYPEOther, Land, Residential, General Retail, Other Property Types & Opportunities, Commercial Land, Retail
TENUREUnder Offer, For Sale Freehold
POSTED ON27th January 2023

Description

Key Points

  • Centrally Located Unit
  • Modern Shop Front
  • Close to Pedestrian Zone
  • Open Plan Layout
  • Summary

    Prominent Building with Potential to Develop into Flats with Small Shop

    Description

    The building is a mid terrace three storey building comprising a ground floor lock shop, a 2 bedroom maisonette to the front along with a rear garage and store above. The building has rear pedestrian and vehicle access and is ideal for development purposes.

    Our client has made initial enquiries with the Local Authority and it appears that a scheme to provide three 2 bedroom flats, two 1 bedroom flats and a reduced commercial unit is likely to be approved subject to planning final approval. Please see attached proposed plans.

    Location

    The property is situated on the western side of the pedestrian precinct in central Fareham, close to the bus depot and approximately a mile from the mainline station. The property offers convenient access to junction 11 of the M27 motorway with access to Portsmouth and Southampton.

    Terms

    The Freehold of the entire building is available with offers in excess of £320,000

    Promo

    Rare Freehold Available

    Rateable Value & Council Tax

    Rateable Value £18,750
    Council Tax - Currently Band B
    You are advised to make your own enquiries in this regard to the local authority.

    Other Costs

    Legal Costs - Each party to bear their own costs incurred in the transaction
    VAT - May be applicable.

    Location

    marker
    Location: 98 West Street, Fareham, PO16 0EP

    Fareham (0.5 miles)

    Portchester (2.5 miles)

    Swanwick (4.1 miles)

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