Investment for sale Gosport PO13 0AT,54450sq ft

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Investment

Investment For Sale Gosport

PROPERTY ID: 77653

PROPERTY TYPE

Investment

STATUS

Sold

SIZE

54,450 sq.ft

Key Features

Freehold.

Long Income Investment with 54.8 years Unexpired.

Head lease let to TSS Group for a term of 99 years from 30th July 1976.

Passing rent of £35,000 pa.

Property Details

The Site Is Effectively An Isosceles Triangle, With The Shortest Edge Site Facing The Road And The Two Longer Sides Tapering To A Point To The North East. Upon The Property, Three Separate Business Interests Are Situated. Occupying The Former Petrol Station Is A Car Wash Operation. The Office To The Rear Of The Petrol Station Is Occupied By A Car Sales Venture And To The Rear Of The Site Is A Vehicle Workshop.

The Front Section Of The Site Is Laid To Grass, With The Exception Of Access Roads. The Remainder Of The Site Is Concrete Covered. There Are Three Buildings, Comprising A Former Petrol Station Shop, An Office And Rear Workshop, And A Steel Forecourt Canopy Covering The Forecourt.

Property To The East Side Of The A32 Is Generally In Commercial Use, Whilst Property To The West Is Almost Exclusively In Residential Use. The Redevelopment Of Fareham Trade Park To The South East Of The Subject Site Has Improved The Area Generally.

The Site Totals 1.25 Acres.

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About the Agent

Vail Williams

See Agent's Other Properties

Investment Unit

£700,000 Freehold

Fareham Road, Gosport, PO13 0AT

Investment - Sold
54,450 sq ft
5,059 sqm

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