Freehold Funeral Directors Investment with Car Parking
Freehold Funeral Directors Investment with Car Parking
Gosport is located on the Hampshire south coast, 3 miles west of Portsmouth and 15 miles south of Southampton. The Gosport ferry provides quick access to Portsmouth Harbour Railway Station (regular services to London Waterloo). The property is located in Gosport town centre on the pedestrianised High Street (which holds an active street market), close to its junction with North Cross Street. Gosport Ferry is close by which provides a direct link to Gun Wharf Quays Shopping Centre, Historic Naval Shipyards and Portsmouth Railway Station (ferry service every 15 minutes). There are a number of public car parks close by. Nearby occupiers include Superdrug, HSBC, Lloyds, Costa, Ladbrokes, Holland & Barrett and Specsavers
Freehold.
Gosport is located on the Hampshire south coast, 3 miles west of Portsmouth and 15 miles south of Southampton. The Gosport ferry provides quick access to Portsmouth Harbour Railway Station (regular services to London Waterloo). The property is located in Gosport town centre on the pedestrianised High Street (which holds an active street market), close to its junction with North Cross Street. Gosport Ferry is close by which provides a direct link to Gun Wharf Quays Shopping Centre, Historic Naval Shipyards and Portsmouth Railway Station (ferry service every 15 minutes). There are a number of public car parks close by. Nearby occupiers include Superdrug, HSBC, Lloyds, Costa, Ladbrokes, Holland & Barrett and Specsavers
Freehold.
The property comprises a ground floor funeral directors with ancillary accommodation above. The property benefits from a rear car park for 4 cars.
VAT is applicable to this lot.
The upper floors of the property may benefit from conversion to residential use, subject to the current occupation and all the necessary consents/permissions. Interested parties are referred to www.gosport.gov.uk/planning
Band D. See legal pack at www.acuitus.co.uk
The property comprises a ground floor funeral directors with ancillary accommodation above. The property benefits from a rear car park for 4 cars.
VAT is applicable to this lot.
The upper floors of the property may benefit from conversion to residential use, subject to the current occupation and all the necessary consents/permissions. Interested parties are referred to www.gosport.gov.uk/planning
Band D. See legal pack at www.acuitus.co.uk
| Floor | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground First Second |
Retail Ancillary Ancillary |
89.1 sq m 33.5 sq m 32.0 sq m |
(959 sq ft) (360 sq ft) (344 sq ft) |
Funeral Services Limited t/a Co- Op Funeralcare (1) |
10 years from 17/02/2017 on a full repairing and insuring lease (2) |
£18,500 | 17/02/2022 |
| Total |
154.60 sq m |
(1,663 sq ft) |
£18,500 | ||||
(1) The Co-Op Funeralcare is a trading name of Funeral Services Limited. Part of The Co-Op Group
(2) Tenants option to renew until 16/02/2037. Tenants option to determine on 17/02/2022 upon 6 months notice and payment of a 4 month rent penalty (6,167).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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