Miller Drive, Fareham, Hampshire, PO16
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Freehold Block Of Seven Shops And Seven Flats
Description
COMMERCIAL
98 MILLER DRIVE
GROUND FLOOR
TENANCY
Let to a convenience store under the terms of a 15-year lease, from 25th September 2013, at a current rental of £10,000 per annum.
102 MILLER DRIVE
TENANCY
Let to a health and beauty clinic under the terms of an 18-year lease, from 26th November 2007, at a current rental of £10,000 per annum.
106 MILLER DRIVE
TENANCY
Let to a barber shop under the terms of a five-year lease from 25th March 2022 at a current rental of £11,000 per annum.
110 MILLER DRIVE
TENANCY
Let to a coffee shop under the terms of a five year lease from 25th March 2022 at a current rental of £11,000 per annum.
AUCTIONEER’S NOTE
The rents stated for 102,106 and 110 are reflective of those agreed by the landlord as a rent reduction during the Covid pandemic. These rents have never returned to the figures stipulated in the lease, which are £12,500 per annum, per property.
Further details including copies of the leases will be included in the legal documents, available to download from the Clive Emson website.
114, 118 & 122 MILLER DRIVE
TENANCY
All three units are occupied by the same tenant (the Day Nursery) and are let under the terms of a 28-year lease from 19th July 2004 at a current rental of £30,000 per annum.
FIRST FLOOR RESIDENTIAL
FLATS 100, 104, 112, 116 & 124
TENURE
All five flats are sold under the terms of 125-year leases from 29th September 1985 at a current ground rental of £50 per flat per annum.
FLAT 108
Living/dining room, kitchen, two bedrooms and bathroom with W.C.
TENANCY
Let on an Assured Shorthold Tenancy Agreement at a current rental of £700 per calendar month.
FLAT 120
Living/dining room, kitchen, two bedrooms and bathroom with W.C.
TENANCY
Let on an Assured Shorthold Tenancy Agreement at a current rental of £700 per calendar month.
TO BE SOLD AT AUCTION WITH CLIVE EMSON: FULL DETAILS AND LEGAL PACK AVAILABLE AT cliveemson.co.uk
Brochures
Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Miller Drive, Fareham, Hampshire, PO16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Fareham Station0.6 miles
- Portchester Station3.1 miles
- Swanwick Station3.3 miles
About the agent
Chapplins Estate Agents, Fareham
9-11 West St, Ground Floor Offices, Fareham, PO16 0BG
A FAMILY FIRM YOU CAN TRUST
Chapplins is an award winning truly independent Family Business first opening its doors over 20 years ago by husband and wife team Clive Bryant and Beverley Green. The day to day running is now headed up by sales directors John Belstone M.N.A.E.A and Darren Johnstone M.N.A.E.A alongside team of experienced longstanding agents offering arguably the highest level of service locally which is promised and proven by being
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference NCF240286. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Chapplins Estate Agents, Fareham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Chapplins Estate Agents, Fareham on 01329 551311.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
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