Under Offer
£15,000 per annum

55 London Road

Cowplain, Waterlooville, PO8 8UJ

The Space

Ground Floor Retail Lock Up

At a glance

Property Type Leisure / Office / Restaurant / Retail
Tenure To Let
Size 1,032 sq ft
Rent £15,000 per annum
Business Rates Upon Enquiry
Service Charge BI: 672.40
Energy Performance Rating This property has been graded as B (47)

Rowlands Castle
51 mins


Bedhampton
57 mins


Havant
62 mins


Warblington
70 mins


Reading
754 mins


Twyford
786 mins


Tadworth
843 mins


Tattenham Corner
854 mins


Key Points

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

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

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Unit 1,032 95.88 Available
Total 1,032 95.88

The 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

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.

£15,000 per annum