House for sale

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House for sale

76-78 High Street, Fareham, Hampshire, PO16 7AW
£1,300,000

Our Summary

  • Freehold Sale Multi-let - Mixed Use Investment 9 Tenants (5 Commercial and 4 Residential) Producing Total Gross Income of £101,450 pax Potential to Regear Leases Town Centre Location Easy Access to Junction 10 M27 Short Distance from the new Welborne Development76, 77A and 78 High Street, Fareham are Grade II listed
  • Potential to Regear Leases Town Centre Location

Description

The property is a mixed-use freehold investment located in the town center of Fareham, Hampshire. It comprises a row of five ground-floor lock-up shops, each with its own unique configuration, and four self-contained flats above. The shops are currently occupied by five tenants, including a barbershop, a hair salon, and a framing center, while the flats are let to four separate tenants. The property benefits from a prominent location at the junction of the High Street, East Street, and West Street, and is within walking distance to the pedestrianized precinct, shopping center, and Fareham Live community, arts, and theater destination. The property is Grade II listed and situated within a conservation area, and has a total gross income of £101,450 per annum. The sale includes a data room with copies of the lease agreements, energy performance certificates, plans, and photographs.