Shopping mall Fareham

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Shopping mall Fareham

4,000,000 £
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Total area: 3,234 m² Yield: 6.7%
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Features
  • Absolute return: 386,605 €
  • Land area: 12,670 m²
  • Percentage of the rented area: 100%
  • Number of parking lots: 138

It is a retail and warehouse property with a total area of 3,234 m² in Fareham.

Description

The shopping mall offers a wide range of products, including household appliances, furniture, home repair supplies, various plants and garden equipment.

There is a parking in front of the building for 138 places.

There is a huge potential for the development of the shopping mall, as its area is 12,670 m² and only 25,5% of it is occupied.

Financial performance

Absolute income is 270,000 £.

The current yield is 6,7%.

Tenants

The property is fully leased to a single company for 15 years from the 6 July 2012.

The rent increases every 5 years.

Location

The object is located in the market town Fareham, in the north-western part of Portsmouth, in south-eastern Hampshire.

There are railway connections to Southampton, Portsmouth and London.

Southampton Airport is located 15 miles west from the city and serves a number of UK and European destinations.

More properties

If this property wasn’t for you, take a look at other business centres for sale in the United Kingdom.

You can see more business centres for sale in Hampshire elsewhere on our website.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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