95a Wellington Way
London Road, Waterlooville, PO7 7EQThe Space
Refurbished Class E Unit - To Let
At a glance
| Property Type | Leisure / Office / Restaurant / Retail |
| Tenure | To Let |
| Size | 2,047 sq ft |
| Rent | £35,000 per annum |
| Business Rates | To be reassessed |
| Service Charge | TBC |
| Energy Performance Rating | This property has been set as EPC exempt. Reason: Currently being constructed or undergoing major refurbishment |
Bedhampton
46 mins
Havant
55 mins
Cosham
59 mins
Rowlands Castle
65 mins
Reading
774 mins
Twyford
807 mins
Tadworth
864 mins
Tattenham Corner
875 mins
Key Points
- To Let
- Range of Uses Considered STP
- Prime Pitch
- Refurbished Accommodation
- Regeneration Site
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.
95a 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
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Unit | 2,047 | 190.17 | Available |
| Total | 2,047 | 190.17 |
The 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.
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 £825 pa for the current service charge year.
Building Insurance is £3,392 pa 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
