The property is situated in Portchester village centre and is in a prominent position on the southern side of the pedestrianised section of West Street.
Portchester is within the borough of Fareham, which is located approximately 8 miles from Portsmouth and 15 miles east of Southampton. It benefits from excellent road connections being situated close to Junction 11 of the M27, providing access across the South-Coast and the A3(M) and M3 national motorway network.
The property comprises an end-terrace retail unit and ancillary staff & storage facilities to the first floor. It was trading as Lloyds Bank.
The shop benefits from rear loading and servicing with a secure gated pedestrian access.
We are instructed to market the property on a new Full Repairing and Insuring Lease for a term to be agreed at the commencing rental £23,000 per annum exclusive. A service charge is payable. All figures are quoted exclusive of VAT
Shop: £17,000 (Source: VOA)
Each party to be responsible for their own legal costs incurred in this transaction.