Summary - 98 WEST STREET FAREHAM PO16 0EP
1 bed 1 bath Retail Property (high street)
**Key Features:**
- Centrally located high street retail unit
- Freehold property for sale at the guide price of £170,000
- Total retail space of approximately 1,393 square feet
- Currently rented on a long-term lease generating £12,000 PA
- Rear pedestrian and vehicle access for convenience
- Above the retail space is a 2-bedroom maisonette with additional garage and storage
- Close proximity to bus depot and mainline train station, easy access to M27
- High foot traffic area with a variety of nearby amenities
Discover a prime investment opportunity at 98 West Street, Fareham. This large, attractive retail unit boasts a modern shop front nestled in a bustling area, ensuring excellent visibility and foot traffic. With an expansive size of 1,393 sq ft, it stands as a flexible space perfect for various retail endeavors or as a steady source of income, currently yielding £12,000 annually from a 5-year lease.
The property offers practical features, including rear access, along with a residential maisonette above, providing additional potential for rental. You will find convenience at your fingertips with quick access to public transport links, the M27, and a plethora of amenities within walking distance—from retail stores to dining options.
While the region presents a vibrant atmosphere, be aware of the 'Very High' crime rate and the area classification as deprived; potential buyers will want to consider these factors. This retail unit is a rare opportunity in a sought-after location—seize it before it's gone!
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