Under Offer
18 High Street,
Fareham,
Hampshire,
PO16 7AF
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Development, D1 and Other, Investment, Offices, Retail and Leisure
4,525 Sq Ft (420.37 Sq M)
- Well-presented character property which is easily accessible from the M27
- Car parking for around 15 cars, with a separate Self-contained courtyard area to the rear
- A deceptively large building (420.42 sq m / 4,525 sq ft) with many period features throughout, an impressive Reception area and large Boardroom, Kitchen and Canteen area
- Close to retail shops, public transport and leisure facilities in Fareham
- Ideally suited to an Owner Occupier, Professional Services, or Potential for change to a large Residential property or Investor development
- Nearby similar properties are occupied by Solicitors, Financial Services, Wealth Management, Dentistry, or used as Apartments and Residential townhouses
- Freehold interest available
- Guide price £620,000 stc.
Location
Fareham is located approximately 15.5 miles east of Southampton and 8.3 miles northwest of Portsmouth. The city benefits from excellent road communications being situated at Junction 10 of the M27, which links to M3 and A3(M) and provides access to London and the wider national motorway network.
The property is located on the west side of Fareham High Street with direct access to the M27 along East Street and the shopping centre in West Street.
Nearby occupiers include Churchers Solicitors, G & C Financial Services, Chewton Wealth Management Ltd and VIDA Dentistry.
Description
Attractive Town Centre Office Building with Parking
Total NIA - 420.42 sq m (4,525 sq ft)
Accommodation
Attractive Town Centre detached Edwardian Building with ample parking and private courtyard, currently commercial offices, ideally suited to professional services, with potential for conversion to residential use / development.
The building is well maintained with period features throughout, arranged over three floors, with additional basement space used for storage. The car parking area can fit approximately 15 cars and is accessed to the left of the building. There is an additional private enclosed courtyard accessed through the main meeting room.
Internally, the ground floor contains a reception area with 2 visitor cloakrooms, an impressive entrance to a large spacious Boardroom / Training room, a Kitchen and Canteen area. Four further rooms providing further office accommodation, with one currently used as a dedicated Server room with leased line connection, locked glazing and air conditioning.
The first floor can be accessed via two separate staircases with seven large rooms and two cloakrooms, one with shower facilities.
The second floor has a further four rooms accessed via two staircases.
A large cellar, with internal and external access, provides a useful storage area.
We understand the accommodation to have the following approximate floor areas:
Floor Use Sq m Sq ft
Ground Office 173.55 1,868
First Office 123.43 1,329
Second Office 69.80 751
Basement Storage 53.64 577
Total 420.42 4,525
Planning
There is the potential to change the property to residential use as a large single dwelling with a two storey annex or development into further smaller dwellings with development.
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.
Legal Fees
Each party to bear their own legal costs incurred.
Terms
The freehold for the property is available at £620,000. Please contact us for further information.
With regard to the internet line, there is an additional cost to this which we understand to be around £350 pcm. Further information available on request.
Rateable Value / Council Tax Band
Rateable Value (2023): £45,250
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).
Energy Performance Rating
We understand the property has an EPC rating of D.