Qualifies for SBR Relief*
£14,000 per annum

79A London Road

Waterlooville, PO7 7EL

The Space

Ground and First Floor Lock Up Shop

At a glance

Property Type Office / Retail
Tenure To Let
Size 1,646 sq ft
Rent £14,000 per annum
Business Rates Upon Enquiry
Service Charge n/a
Energy Performance Rating This property has been graded as C (64)

Bedhampton
46 mins


Havant
54 mins


Cosham
57 mins


Warblington
65 mins


Reading
775 mins


Twyford
808 mins


Tadworth
866 mins


Tattenham Corner
876 mins


Key Points

  • Prominent Shop Frontage
  • Class E Use
  • Potential for 100% Business Rate Relief
  • Rear Loading
  • Established Retail Area
  • Onsite Parking

Description

The property comprises of a two story lock-up shop set behind an aluminium frame glazed shop front, leading to a office space with suspended ceilings, LED lighting and carpeting. It is currently configured to provide an open plan office/retail area, ancillary, offices, 1st floor meeting rooms, kitchenette and w/c's.

Externally the property benefits from rear access/loading & parking. The property lends itself to multiple uses (STP).

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground 800 74.32 Available
1st 846 78.60 Available
Total 1,646 152.92

The Location

The property occupies a prominent position in London Road, in the heart of Waterlooville town centre, and situated within the pedestrianised precinct.

The subject property is located half way and on the north side of London Road. Local occupiers in the close vicinity are Subway, Nationwide, Natwest, Asda, Chapplins Estate Agents and Large & Large Opticians.

The A3(M) is approximately 1 ½ miles to the east, leading to Petersfield & Guildford to the north with the M27 motorway network to the south, with Havant railway station being approximately ten minutes drive away

Terms

Available on a new full repairing and insuring lease for a term to be agreed at £14,000 pax

Business Rates

Rateable value: £11,000. Source: voa.gov.uk

*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

Building Insurance - £954.52
Legal Costs - Each party to bear their own costs incurred in the transaction
VAT - Unless otherwise stated all costs & rents are exclusive of VAT
VAT - It is understood that the property is not elected for VAT

£14,000 per annum