Property to let

Commercial Property: in Fareham

£70,000p.a 7 Market Quay
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Unit 7, Market Quay, Fareham, PO16 0BT £70,000p.a
Date added: 2 / 2 / 2024

Location

Market Quay Shopping Centre occupies a prominent town centre location in Fareham, with excellent access from the M27 and A27.

The property benefits from rear servicing access and forms part of the established mixed-use Market Quay development, with nearby occupiers including Reel Cinema, Nando’s, Loungers, Bowl Central, JinZun Restaurant, Snap Fitness and a range of additional retail and leisure operators.

The main town centre surface car park is located directly in front of the unit, providing convenient customer parking and supporting strong footfall.

Accomodation

Large commercial space arranged over ground and first floors. The ground floor has a double height ceiling, whilst the first floor provides remote storage.

The property comprises the following internal floor area:

  • Ground Floor:
    622.5 sq m 6701 sq ft
  • First Floor:
    167.8 sq m 1807 sq ft

Lease

The premises is available by way of a new effectively full repairing and insuring lease for a term by agreement, subject to upward only rent reviews every fifth year.

Rates

We have been verbally advised that the premises is assessed as follows:

  • Rateable Value:
    £49,500
  • UBR (2024/25):
    0.499
  • Rates Payable:
    £24,700.50

EPC

A copy of the EPC is available upon request.

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