Commercial Property in PO16 available for sale
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Petrol Stations for Sale near PO16, Fareham

Retail Properties for Sale Near the PO16, Fareham

More details for 98 West St, Fareham - Retail for Sale

98 West St

Fareham, PO16 0EP

  • Retail for Sale
  • £170,000
  • 1,393 sq ft
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More details for 110-112 West St, Fareham - Retail for Sale

110-112 West St

Fareham, PO16 0EP

  • Retail for Sale
  • £925,000
  • 2,586 sq ft
  • Energy Performance: C

Fareham Retail for Sale

The property is a modern three storey building having been constructed under a flat roof in the mid-sixties, of brick construction with a title hung front elevation. The ground floor is let to MR P’S CLASSIC AMUSEMENT LIMITED on a full repairing and insuring lease for a term of 10 years from 28th March 2025 subject to an upward only rent review at the end of the fifth year at an initial rent of £35,000 per annum exclusive with a fixed increase to £40,000 per annum exclusive on the 28th March 2027 with a minimun increase to £45,000 per annum exclusive on the rent review due 28th March 2030 . A rent deposit equivalent to six months rent plus VAT (£21,000) is held The first/second floors are let to THE GUINNESS PARTNERSHIP LIMITED on a full repairing and insuring lease for a term of 40 years commencing from 5th August 1998 at a rent of £26,254 per annum exclusive being subject to annual increases in line with the increase in the Retail Price Index. The first and second floors were let in shell condition on a long lease to The Guinness Partnership Limited, who created five residential flats, each comprising one bedroom, reception room, kitchen and bathroom/wc. THE ENTIRE PROPERTY PRESENTLY PRODUCES AN INCOME OF £61,254 PER ANNUM EXCLUSIVE WHICH WILL INCREASE TO £66,254 PER ANNUM EXCLUSIVE ON THE 28TH MARCH 2027 AND TO £71,254 PER ANNUM EXCLUSIVE ON THE 28TH MARCH 2030.

Contact:

Warrant Properties Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

14/03/2025

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More details for West St, Fareham - Retail for Sale

West St

Fareham, PO16 0EN

  • Retail for Sale
  • £175,000
  • 2,500 sq ft
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FAQs about PO16 Petrol Stations For Sale

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How many Petrol Station listings are available for sale in PO16?
There are currently 0 Petrol Stations on the market in and around PO16.
How much does it cost to buy Petrol Station in PO16?
Asking prices in PO16 range based on market conditions.

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