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74-96 Arundel Dr 811 sq ft Retail Unit Offered at £120,000 in Fareham PO16 7NU
Investment Highlights
- The property comprises a ground floor retail unit and a first floor self-contained Maisonette.
- 94 & 96 Arundel Drive are situated within a well-established residential area of Fareham, a popular market town positioned between Portsmouth
- The latter has been sold off on a long lease. In addition, the property includes a garage located within a nearby separate block.
Executive Summary
The property comprises a ground floor retail unit and a first floor self-contained Maisonette. The latter has been sold off on a long lease. In addition, the property includes a garage located within a nearby separate block. The retail unit forms part of a larger, established shopping parade that serves the surrounding residential area. The parade is arranged with customer parking positioned to the front of the block, providing convenient access for shoppers and supporting the ongoing commercial viability of the retail accommodation.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
94 & 96 Arundel Drive are situated within a well-established
residential area of Fareham, a popular market town . The property comprises a ground floor retail unit and a first floor self-contained Maisonette. The latter has been sold off on a long lease. In addition, the property includes a garage located within a nearby separate block.
residential area of Fareham, a popular market town . The property comprises a ground floor retail unit and a first floor self-contained Maisonette. The latter has been sold off on a long lease. In addition, the property includes a garage located within a nearby separate block.
Sale Notes
The property is available to purchase freehold and subject to the aforementioned leases for a guide price of £120,000. The marionettes have been sold off on long leases.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 94&96 | 811 sq ft | Retail | £120,000 (£147.97/sq ft) | - |
Unit 94&96
| Unit Size |
| 811 sq ft |
| Unit Use |
| Retail |
| Price |
| £120,000 (£147.97/sq ft) |
| NOI |
| - |
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Unit 94&96
| Unit Size | 811 sq ft |
| Unit Use | Retail |
| Price | £120,000 (£147.97/sq ft) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| 94 & 96 Arundel Drive are situated within a well-established<br> residential area of Fareham, a popular market town . The property comprises a ground floor retail unit and a first floor self-contained Maisonette. The latter has been sold off on a long lease. In addition, the property includes a garage located within a nearby separate block.</li></ul> | |
| Sale Notes | |
| The property is available to purchase freehold and subject to the aforementioned leases for a guide price of £120,000. The marionettes have been sold off on long leases.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 4,856 sq ft | Typical Floor Size | 777 sq ft |
| Property Type | Retail (Unit) | Year Built | 1890 |
| Property Subtype | Shopfront Retail / Residential | Total Plot Size | 0.52 ac |
| Costar Property Class | C | Parking Allocation | 4.12/1,000 sq ft |
| Floors | 1 |
| Total Property Size | 4,856 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | C |
| Floors | 1 |
| Typical Floor Size | 777 sq ft |
| Year Built | 1890 |
| Total Plot Size | 0.52 ac |
| Parking Allocation | 4.12/1,000 sq ft |
Amenities
- Storage Space
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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74-96 Arundel Dr
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