ADDRESS18 High Street, Fareham, Hampshire, PO16 7AF
TYPEOffice, Retail - High Street, Healthcare, Other, Land, Offices, Retail, Other Property Types & Opportunities, Commercial Land
TENUREDevelopment Opportunity, Investment Opportunity, To Let
POSTED ON20th January 2023
Description
Description
Attractive Town Centre Office Building with Parking NIA - From 1,500 sq ft to 4,525 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 located on the west side of Fareham High Street which leads off West Street and East Street. Nearby occupiers include Churchers Solicitors, G and C Financial Services, Chewton Wealth Management Ltd and VIDA Dentistry.
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 subject accommodation is arranged over three floors with basement space, used for storage. The car parking area can fit approximately 15 cars and is accessed to the left of the building, down a driveway to a rear car park.
Internally, the ground floor contains a reception area, kitchen, W/Cs, large boardroom, server room and four rooms providing office accommodation. The first floor can be accessed through two separate stair cases and has two W/Cs, seven rooms and shower facilities. The second floor has a further four rooms. There is a small courtyard area accessed through the main meeting room.
We understand the accommodation to have the following approximate floor areas:
Floor Use Sq m Sq ft Ground Office 173.55 1,868 First Office 123.43 1,329 Second Office 69.80 751 Basement Storage 53.64 577 Total 420.42 4,525
Business Rates / Council Tax Band
Rateable Value (2017): £31,750.
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 an EPC rating of D.
Legal Fees
Each party to bear their own legal costs incurred.
Terms
The property is available to let by way of a new full repairing and insuring lease for a term to be agreed at £42,900 per annum, subject to vacant possession.
The freehold for the property is also available. Please contact us for further information.
With regard to the internet line, there is an additional cost to this which we understand to be around £350 pcm. Further information available on request. ( Agency Pilot Software ref: 4300 )
