Ground Floor Retail Lock Up

 

Summary

  • Busy Roadside Retail
  • EPC - B
  • Allocated Parking Space
  • Rear Access/loading

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Unit 1,032 95.88 Available
Total1,03295.88
55 London Road - 20240227_092937.jpg

Location

The property is located on the west side of the very busy London Road, which connects Waterlooville and Cowplain. It is roughly 1 mile north from Waterlooville town centre, and 1.7 miles (by road) from Junction 3 of the A3(M), leading to Petersfield & Guildford to the north with the M27 motorway network to the south

Get directions from Google Maps

Further Information

Rent £15,000 per annum

Rates Payable Upon Enquiry

Service Charge BI: 672.40

EPC Rating This property has been graded as B (47)


Description

The property is a mid-terrace ground floor lock-up shop previously let to Betfred. There are x3 W/Cs, as well as kitchenette facilities within the rear parts of the unit, with a large retail area at the front.

The property benefits from rear access suitable for loading and unloading and a car parking space, as well as general parking in a layby for the retail terrace out the front

Viewings

Strictly by appointment with sole agents Holloway Iliffe & Mitchell, James West - 02392 377 800

Terms

Available on a new full repairing and insuring lease for a term to be agreed at a rent of £15,000 pax

Business Rates

Rateable value: £12,750 (1st April 2023); Source: voa.gov.uk.
You are advised to confirm the rates payable with the local council before making a commitment.

Other Costs

Each party to be responsible for their own legal costs incurred in the transaction.
Service Charge - Tenant will pay 50% contribution obligation on communal repairs.
Building insurance - Tenant will be responsible for reimbursing the BI, previously the BI was £672.40 for 2024
VAT is not appliable.