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98 West St 1,393 SF Retail Building Fareham PO16 0EP $316,185 CAD ($226.98 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Centrally Located Unit.
  • Close to Pedestrian Zone.
  • Modern Shop Front.
  • Investment.

EXECUTIVE SUMMARY

The Freehold of the entire building is available at the guide price of £170,000.
The property is currently let to Whitehead-Ross Education and Consulting Ltd on a 5 year lease (from 16th June 2023), where the rent is £12,000 pa, with no break or rent review. The freehold is subject to a ground rent from the long-leasehold of £200 pa.
The property is a mid terrace building, with the freehold comprising of the ground floor lock-up shop. The building has rear pedestrian and vehicle access. The property is currently rented with office use and fit out. Above is a 2 bedroom maisonette to the front along with a rear garage and store above, sold off on a long-leasehold.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,393 SF
Building Class
B
Year Built
1879
Price
$316,185 CAD
Price Per SF
$226.98 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.91
Lot Size
0.03 AC
Frontage
18’ on West Street

NEARBY MAJOR RETAILERS

Snap Fitness
Caffe Nero
Costa Coffee
Iceland
Morrisons
Nando's
Slug & Lettuce Company
Lounges
NatWest
Lloyds Bank
  • Listing ID: 37360551

  • Date on Market: 2025-08-21

  • Last Updated:

  • Address: 98 West St, Fareham PO16 0EP

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