40, 12 Westbury Mall

West Street, Fareham, PO16 0PQ

Size

1,590sq ft

Market Sector

Shopping Centre

Description

Fareham Shopping Centre is a 500,000 sq. ft. fully enclosed retail space with an average footfall of 130,000 per week. The scheme is anchored by Debenhams, Boots the Chemist, New Look, Next and B&M. Retailers operating in the vicinity include River Island, David Christopher, TopShop, Costa and Roman Originals. Please refer to the attached copy of the street traders plan for further details.

Key Information

Lease Type

New Lease

Lease Term

The premises are available on new effectively full repairing and insuring leases for a term to be agreed subject to upward only rent reviews every 5 years.

Accommodation

1,590 Sq.Ft/147 m²

The premises have the following approximate floor areas:

Areas	Sq.Ft	m²
Ground Floor	1,590	147.71

Rates

Year	Rateable Value	UBR p/£	Rates Payable
2023	£24,000	49.9
2026	£24,000	38.2	£9,168

Financial Details

Rent

Upon application.

Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Service Charge

The current service charge for the financial year is £20,122 per annum exclusive.

Downloads

Brochure

Unit 40, Fareham Shopping Centre, Brochure

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.