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Licensed Leisure
The Granary
Park Farm House, Whiteley Lane, Fareham, PO15 6RQ
Long Leasehold For Sale – Reduced Guide Price £475,000 (Previous Guide £750,000)
• Former Farmhouse with Planning Consent For
Restaurant Use
• Premises Licence In Place
• Affluent Location With Large Catchment • Site Area – 0.855 Acres (0.346 Ha)
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Situation
The subject property is located in a rural
setting on Whiteley Lane, within 1km of
Junction 9 of the M27. Southampton is
16km (10 miles) to the north west,
Portsmouth 20km (13 miles) to the south
east and Fareham 6km (4 miles) east.
Despite the pub’s rural outlook the
immediate surrounding area is made up of a
mixture of uses including, residential, offices
and industrial.
Description
The property comprises a Grade II* Listed
building dating back to the 18 th Century. The
property is a four storey building arranged
over basement, ground, first and second
floor. The property is constructed of brick,
rendered in part with clay tiled pitched roof
and single glazed sash windows.
The ground floor is separated into a number
of interconnecting rooms, with the kitchen
located towards the rear. At first floor there is
a bar servery and two further trade rooms
positioned adjacent. Second floor provides
two potential trade rooms or letting
bedrooms.
The cellar is located at basement level.
Externally there is a garden to the front of
the property and car park for approximately
70 vehicles.
The property has suffered from fire damage
in recent years. It has however been partially
reinstated for a new occupier to take over.
Tenure
Long Leasehold. The property is held on a
125 year lease from 22 March 2002 at a
peppercorn rent. A copy of the lease will be
provided to interested parties.
Or a new full repairing and insuring (FRI)
occupational lease for a term to be agreed.
Rating
The subject has been removed from the
2010 Rating List, therefore there is no
rateable value for the property.
Planning
The property is Grade II* Listed but is not
situated within a conservation area.
The property has planning consent for
restaurant use.
Fixtures and Fitting
All the loose fixtures and fittings with the
exception of some kitchen equipment have
been removed from the property.
Viewing
For a formal viewing, strictly by appointment
with Savills.
Price
Guide price of £475,000 for the remainder of
the long leasehold interest, with vacant
possession.
Or a new FRI lease at a rent of £45,000 per
annum, exclusive.
VAT may also be applicable.
Savills Private Finance
Funding for this transaction can be arranged
by Savills Private Finance. Please contact
Scott Davis on 02380 713963 or alternatively
sdavis@spf.co.uk
Important Notice
Savills, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property
either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume
no responsibility for any statement that may be made in these particulars. These particulars do not form
part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, images and plans are for
guidance only and are not necessarily comprehensive. It should not be assumed that the property has
all necessary planning, building regulation or other consents and Savills have not tested any services,
equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Savills Southampton
2 Charlotte Place
Southampton
SO14 0TB
023 8071 3900
Kevin Marsh
Tel: 023 8071 3959
Email: kmarsh@savills.com
Richard Acton
Tel: 023 8071 3986
Email: racton@savills.com
savills.com/leisure