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A Vacant End of Terrace Commercial Building Arranged to Provide a Ground Floor Shop with First and Second Floor Ancillary Space. Offered With Planning Permission to Convert into Three Shops and Nine Letting Rooms
The property comprises an end of terrace commercial building arranged to provide a ground floor shop and first and second floor ancillary space. The property requires a program of refurbishment.
Tenure
Freehold
Location
The property is situated on a mixed road close to local shops and amenities. Nearby multiples include McDonald's, Santander and Superdrug. The open spaces of Walpole Park are within easy reach. Transport links are provided by Fareham rail station and the M27.
Accommodation
Ground Floor Retail Area G.I.A Approximately 1,670 sq ft First and Second Floors Ancillary Space G.I.A Approximately 1,507 sq ft
Planning
Gosport Borough Council granted the following planning permission (ref: 23/00204/Full) on 13th December 2023 : 'Erection of a First and Second Floor Extension, External Alterations including New Windows and Doors, Alterations to Shopfront, Change of use of the Rear Ground Floor and Upper Floors from Retail (Class E) to Serviced Accommodation (Class C1 Hotels) (Conservation Area)'.
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.