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.
Absolute income is 270,000 £.
The current yield is 6,7%.
The property is fully leased to a single company for 15 years from the 6 July 2012.
The rent increases every 5 years.
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.