Redevelopment / Owner Occupier opportunity available - New Court, 1 Barnes Wallis Road, Fareham

Tenure:Long Leasehold

Location: Fareham
Address:New Court
1 Barnes Wallis Road
Fareham
PO15 5UA

Area:1,951.0 Sq M

Jessica Nutt
T: +44 (0)20 7333 6424
E: jnutt@geraldeve.com

Charles Boyes
T: +44 (0)20 3486 3472
E: cboyes@geraldeve.com

Simon Prichard
T: +44 (0)20 7653 6827
E: sprichard@geraldeve.com

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Property details

Description

• The site totals 1.92 acres / 0.78 hectare.

• The property, believed to have been constructed in the 1980s, comprises a two-storey office building with four wings accessed via a three-storey central core.

• The accommodation is predominantly open plan with a number of partitioned meetings rooms. There is a boardroom on the second floor of the central core.

• Externally, there are 123 car parking spaces.

Tenure

• The property is held on a long lease from Hampshire County Council with 97 years left to expiry.

• The long lease was granted for a term of 125 years commencing on 24 November 1988.

• Initial discussions with Hampshire County Council suggest there is potential to extend the long leasehold interest.

2nd

  • 417 - 417 Sq Ft
  • 38 - 38 Sq M

1st

  • 10 - 10 Sq Ft
  • 959 - 959 Sq M

Gnd

  • 10 - 10 Sq Ft
  • 962 - 962 Sq M

Site area

  • 0 - 0 Hectares
  • 1 - 1 Acres
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