Summary - 76, HIGH STREET, FAREHAM PO16 7AW
1 bed 1 bath House
**Standout Features:**
- **Freehold Sale** of a mixed-use investment property.
- **Currently Under Offer** with potential for multiple income streams.
- **Total Gross Income:** £101,450 per annum from 9 tenants (5 commercial and 4 residential).
- **Prominent Town Centre Location** with high foot traffic.
- **Close to Junction 10 M27** and future Welborne Development.
- **Grade II Listed Status** within a conservation area, adding historic charm.
- **Large Size:** 6,563 sq ft across various units.
This impressive mixed-use investment on Fareham's bustling High Street offers a unique opportunity for both investors and those looking to expand their property portfolio. Comprising five ground-floor commercial units and four self-contained residential flats, the property generates a healthy income with ongoing potential for lease renegotiation to boost returns. Its prime locality not only secures exposure to high foot traffic but also positions you near essential amenities and transport links, appealing to both retail and residential tenants.
While the property enjoys a historic significance noted by its Grade II listed status, there may be restrictions to consider due to conservation area regulations. The surrounding area, characterized by independent businesses and the ongoing development of Welborne Village, suggests strong ongoing demand and growth potential. With 9 tenants already secured, this prominent investment offers a solid foundation for immediate income while allowing room for future enhancements or renovations. Don’t miss the chance to capitalize on this appealing opportunity in the heart of Fareham!
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