Unit 20-21, 13-15 Westbury Mall

West Street, Fareham, PO16 0PQ

Size

877 - 2,250sq 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 B&M, Boots The Chemist and Next. The premises occupy a prominent position opposite Clarks with nearby occupiers including Costa, Ernest Jones, Boots and David Christopher Jewellers. 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 a new effectively full repairing and insuring lease for a term to be agreed subject to upward only rent reviews every 5 years.

Accommodation

877 - 2,250 Sq.Ft/81.50 - 209 m²

The premises are arranged over ground and first floors having the following approximate floor areas:

Areas	Sq.Ft	m²
Ground Floor	2,250	209.03
First Floor	877	81.47

Rates

Year	Rateable Value	UBR p/£	Rates Payable
2023	£76,867	51.2
2026	£29,000	38.2	£11,078

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 £24,314 per annum exclusive.

Downloads

Brochure

Unit 20-21, Westbury Mall, 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.