LONG LEASEHOLD FOR SALE

 

Summary

  • For Sale
  • Long Leasehold
  • Seafront Location
  • EPC - B(48)
  • Garage

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Unit 623 57.88 Available
Ancillary - Garage 130 12.08 Available
Total75369.96
Ground Floor, 8 Milvil Court - 20250729_152651.jpg

Location

The property is located on Milvil Road, Lee-on-the-Solent, overlooking the popular seafront. The property is on a parade of local independent shops that leads to the High Street. Milvil road is a one-way system which gets many passing foot and car traffic, which leads to the High street, and further to Knowle, Gosport and Fareham.

To the front of the property there is on street parking, furthermore there is parking in surrounding roads.

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Get directions from Google Maps

Further Information

Price £180,000

Rates Payable Upon Enquiry

Service Charge £1,680 per annum

EPC Rating This property has been graded as B (48)


Description

The property consists of a ground floor lock up commercial premises, with sales frontage, x2 smaller rear rooms, kitchenette, shower, and w/c with basin. There is also a ancillary garage located at the rear of the property.

The property is available for sale of the Long Leasehold with 72 years remaining. The property has an EPC rating of B(48)

Terms

Long Leasehold available for purchase at a price of £180,000

Business Rates

Rateable value: £6,900.

Small Business Rates Relief of 100% is available for ratepayers occupying a single property with a rateable value up to and including £12,000 from 1 April 2017.

You are advised to confirm the rates payable with the local council before making a commitment.

Other Costs

Service Charge - £1,680 per annum for the current service charge year.
Each party to be responsible for their own legal costs incurred in the transaction.
Unless stated, all prices and rents are quoted exclusive of VAT.
VAT - to be confirmed