31 Wellington Way
Waterlooville, PO7 7EDThe Space
Refurbished Class E Unit - To Let
At a glance
| Property Type | Retail |
| Tenure | To Let |
| Size | 590 sq ft |
| Rent | £11,000 per annum |
| Business Rates | Upon Enquiry |
| Service Charge | £194.70 per annum |
| Energy Performance Rating | This property has been graded as B (47) |
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
- Central Pitch
- Fully Refurbished
- 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.
31 Wellington Way sits centrally in the T-shaped shopping centre, Wellington Way, a short distance from 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 | 590 | 54.81 | Available |
| Total | 590 | 54.81 |
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 £11,000 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 £194.70 pa for the current service charge year.
Building Insurance is £330 for the current policy term.
Legal Costs - Each party will be responsible for their own legal costs.
Unless otherwise states all rents and costs are exclusive of VAT.
VAT is applicable
