64-66 West Street, Portchester, Fareham, Hampshire, PO16
£134.16 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,379 sq ft
128 sq m
- SECTOR
Commercial property for sale
Key features
- Well located within Portchester
- Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses
- Currently occupied as an office
- Suit owner occupier, investor or developer
- The occupier may be entitled to 100% Small Business Rate relief
- Freehold with vacant possession
- Guide price £185,000 stc
- 2 parking spaces at the rear
Description
Freehold Opportunity
Size - 1,379 sq ft
Location
Portchester is located within the borough of Fareham and situated approximately four miles north west of Portsmouth. The locality benefits from excellent road communications, being situated at Junction 12 of the M27, which links to the M3 and A3(M) and provides access to London and the wider national motorway network.
The property occupies a prominent position on the south side of West Street, which is the main shopping district of Portchester and is located close to the roundabout with good accessibility and a wide roadside frontage. Nearby occupiers include Cameron Davies Opticians, D V Marlow Accountants, Portchester Library and Health Centre.
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
VAT
We understand that the property is not elected for VAT.
Accommodation
The property comprises a two storey building with brick elevations under a pitched tiled roof. Internally, it is currently arranged as an office with a reception/office space, meeting room and WC on the ground floor. The first floor provides further office space, WC and kitchen.
We have measured and calculate the premises to have an approximate Net Internal Area (NIA) of 128.13 sq m (1,379 sq ft).
Business Rates / Council Tax Band
Rateable Value (2023): £8,600
The occupier may be entitled to 100% Small Business Rate relief.
EPC
We understand the property has an EPC rating of E.
Legal Fees
Each party to bear their own legal costs incurred.
Terms
We have been instructed to market the property with vacant possession and quote a price of £185,000 for the freehold interest subject to contract.
Brochures
64-66 West Street, Portchester, Fareham, Hampshire, PO16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Portchester Station0.2 miles
- Cosham Station2.6 miles
- Fareham Station2.9 miles
About Flude Property Consultants, Portsmouth
114 Kingston Crescent, Portsmouth, PO2 8AL
Flude Property Consultants is a regional independent firm of Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors (RICS) who specialise in advising clients with commercial property interests.
Our main areas of expertise are commercial property agency, lease advisory (rent reviews, lease renewals and lease re-gears), property management, valuation, rating, investment and development property.
We are a commercially minded practice who understand the needs and
Notes
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