98 West Street

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Key Points

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 £12,000
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.