Fox & Sons, 10 High Street, Gosport | Property for sale | Savills
Guide price £250,000(€300,810)

Fox & Sons10 High Street, Gosport

  • New
  • Sole agency
  • Leasehold
Investment

Key features

  • Centrally located within the pedestrianised town centre
  • The High Street hosts an open market twice a week
  • Investment let at £28,000 pa (11.20% on Guide Price)
  • Double unit let to Sequence (UK) Ltd (t/a Fox & Sons Estate Agents)
  • VAT is not applicable

Virtual Freehold Town Centre Estate Agents Investment Investment let at £28,000 pa (11.20% on Guide Price)

About this property

  • The property comprises a ground floor shop which forms part of a larger building.

Local information

  • Gosport forms part of the Solent conurbation on the south coast of England, some 17miles south-east of Southampton. The town is a 7 miles south of the M27 Motorway (Junction 10)The property is situated on the west side of the pedestrianised High Street, between its junction with Clarence Road and North Cross Street. Occupiers close by include Travelodge (adjacent), Thurling Catering (Lot 94),Poundstretcher, Costcutter, Natwest and Holland & Barrett amongst others. The High Street hosts an open market twice a week (Tuesday and Saturday).

Additional information

  • Leasehold. Held on a lease for 999 years from 15.08.2018 at a current ground rent of a peppercorn.
  • Please note the approximate areas have been provided by the VOA/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
  • Ground - 115.01 sq m (1,238 sq ft)
  • Tenancy
  • Let to Sequence (UK) Ltd (t/a Fox and Sons) for 10 years from 30.03.2016 at a rent of £28,000 pa on FRI terms. 5 yearly rent reviews.
  • Rent
  • £28,000 pa