West Street , Fareham

LOCATION
Fareham High Street

DESCRIPTION
This impressive mixed-use property presents an outstanding investment opportunity, combining both commercial and residential accommodation with strong, established rental income streams. Ideal for investors as the whole property is already let with a very strong yield.

Ground Floor Retail Unit: A well-established commercial premises benefiting from excellent street frontage and visibility. Maintained to a high standard, the unit generates consistent rental income and is suitable for a variety of business uses.

First Floor Two-Bedroom Apartment: Situated above the retail unit, this spacious two-bedroom apartment offers comfortable, modern living accommodation. Currently tenanted, it provides a reliable income stream while also offering future capital appreciation potential.

Rear Studio/Office: Positioned to the rear of the property, this self-contained studio/office space is fully let, creating an additional source of rental income. It offers a private and peaceful working environment, making it an attractive option for tenants.

With multiple income-producing elements and strong investment fundamentals, this property represents a rare opportunity to acquire a versatile asset with immediate returns and future potential.


Ground floor commercial rent- £12,420pa - 2 years left on the lease
First floor two bedroom flat rent - £12,540pa - rolling monthly contract
Rear commercial studio/office space - £8400pa - over 3 and a half years left on the lease

Total rent per annum - £33,360

ACCOMMODATION
GROUND FLOOR SHOP MAIN ROOM - 23' 0" x 14' 6" (7.02m x 4.44m)
KITCHEN - 23' 0" x 14' 6" (7.02m x 4.44m)
TOILET - 10' 2" x 3' 10" (3.10m x 1.17m)
HALLWAY - 5' 6" x 11' 5" (1.70m x 3.49m)

FIRST FLOOR FLAT LOUNGE - 11' 5" x 14' 6" (3.50m x 4.44m)
KITCHEN - 11' 5" x 10' 1" (3.50m x 3.08m)
SHOWER ROOM - 10' 6" x 2' 10" (3.22m x 0.88m)
BEDROOM ONE - 10' 0" x 11' 0" (3.06m x 3.36m)-
RESTRICTIVE HEADROOM BEDROOM TWO - 8' 8" x 10' 0" (2.66m x 3.06m) -

RESTRICTIVE HEADROOM STUDIO/OFFICE ROOM ONE - 9' 3" x 15' 8" (2.82m x 4.80m)
ROOM TWO - 12' 9" x 14' 6" (3.89m x 4.44m)
KITCHEN - 6' 1" x 4' 1" (1.86m x 1.27m)
TOILET- 6' 0" x 4' 9" (1.85m x 1.47m)
HALLWAY - 25' 9" x 3' 2" (7.87m x 0.97m