Refurbished Class E Unit - To Let
Summary
- To Let
- Range of Uses Considered STP
- Prime Pitch
- Refurbished Accommodation
- Regeneration Site
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Unit | 2,047 | 190.17 | Available |
| Total | 2,047 | 190.17 |
Location
Wellington Way Shopping Centre is located in the centre of Waterlooville a growing town positioned approximately 6.5 miles northeast of Portsmouth a major regional port and hub for commercial activity. Waterlooville forms part of the expanding south coast conurbation between Southampton in the west and Chichester in the east. Waterlooville benefits from good transport communications with the A3(M) a short car journey away which leads north to Guildford and London and south to Portsmouth and the M27 and the wider motorway network.
There are three main town centre carparks within a short walk of Wellington Way and bus stops located at the south western end of the centre. Nearby occupiers include; Boots, Iceland, Timpson's , Costa Coffee, Greggs, WH Smith and Poundland.
Get directions from Google Maps
Mainline Stations
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Bedhampton46 mins
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Havant55 mins
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Cosham59 mins
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Rowlands Castle65 mins
Underground Station
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Reading774 mins
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Twyford807 mins
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Tadworth864 mins
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Tattenham Corner875 mins
Further Information
Rent £35,000 per annum
Rates Payable To be reassessed
Service Charge TBC
EPC Rating This property has been set as EPC exempt.
Reason: Currently being constructed or undergoing major refurbishment
Description
The shopping centre is under new ownership with an extensive refurbishment programme across the development, including ground floor commercial units, first floor residential flats, and generally uplift and modernise the feel of the shopping precinct. Wellington Way is near fully let with a variety of national covenants and local businesses.
95 Wellington Way sits on London Road, Waterlooville's main high street, and benefits from a rear private loading road.
The units fall within Class E of The Use Classes Order 1987 (as amended 2020), enabling a range of permitted uses including;
Retail Sale of Goods
Professional Services
Financial Services
Provision of Medical or Health Services
Offices
Sale of food and drink for consumption (mostly) on the premises
Terms
Available on a new effective Full Repairing Insuring Lease for a term to be agreed at a rent of £35,000 per annum.
Business Rates
To be reassessed following refurbishment.
You are advised to make all enquiries to the local council regarding Business Rates.
Other Costs
Service Charge is applicable for the current service charge year.
Building Insurance is applicable for the current policy term.
Legal Costs - Each party will be responsible for their own legal costs incurred in the transaction.
Unless otherwise states all rents and costs are exclusive of VAT.
VAT is applicable
Gallery
