Investment for sale Gosport PO12 1GF,1314sq ft

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Investment

Investment For Sale Gosport

PROPERTY ID: 124167

PROPERTY TYPE

Investment

STATUS

Available

SIZE

1,314 sq.ft

Key Features

On-Shore Facility for 154 Berth Marina

Fully Fitted with Showers and Offices

Staff Car Parking

Fixed Rent Increases

Located In Bustling Mixed Use Development

Property Details

Royal Clarence Marina is a community of over 700 homes, with complementary commercial property. The marina is accessed via the A32 Gosport Road from junction 11 of the M27. There is excellent access to Portsmouth, via the Harbour ferry which operates every 15 minutes (every 7.5 minutes at peak times) from Gosport Ferry Terminal (approximately 5 minutes walk from Royal Clarence Marina). The ferry journey time is four minutes to Portsmouth Harbour where there is a regular direct line train service to London Waterloo. Royal Clarence Marina benefits from 154 berths for all types of vessel. Southampton International Airport is within a 30 minute drive.

This Office Has Been Fully Fitted To Provide Marina Facilities To Berth Holders At Royal Clarence Marina. There Are 8 Showers Alongside Wc And Laundry Facilities. There Is A Waiting Area And An Office For The Marina Staff. The Property Provides For 24 Hour Access To The Patrons Of The Marina. There Is Led Lighting And Double Glazing. There Are 4 Car Parking Spaces. The Tenant Has A Lease Until December 2041 At A Current Rent Of £6,000 Per Annum With Yearly Fixed Rent Increases As Below: December 2022 - December 2023: £6,000. December 2023 - December 2024: £7,000. December 2024 - December 2025: £8,000. December 2025 - December 2026: £9,000. 11th December 2026 Increase To: £10,000. There Will Then Be An Upward Only Open Market Rent Review On 12th December 2026 And Every 5th Anniversary Thereafter. Tenant Covenant Clarence Marina, Now Part Of The Aquavista Group, Is The Largest Marina Operator In The Uk With 29 Marinas. Aquavista Own The Adjacent Marina Facilities On A Virtual Freehold Basis And Have Invested Significant Sums Into This Facility Outlining Their Long-term Commitment To The Site. This Will Enable An Investor In These Onshore Facilities To Capitalise On The Commitment Of The Tenant At Rent Review And Lease Renewal Negotiations.

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About the Agent

Keygrove Chartered Surveyors

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Investment Unit

£275,000 Freehold

4 The Chandlers,Salt Meat Lane, Gosport, PO12 1GF

Investment - Available
1,314 sq ft
122 sqm

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