Royal Shades, 29 Sea Front, Hayling Island, Hampshire, PO11 0AH

Description

Former Pub with Residential Development Opportunities
Total GIA - 654 sq ft

Location

Hayling Island is an island off the south coast of England located in the county of Hampshire and approximately four miles south of Havant which is strategically located on the A27/M27/A3(M) and forms part of the extensive M27 / Solent corridor, providing easy access to Portsmouth, Southampton and London. Havant benefits from a mainline railway station with direct trains to London and the south coast.

The property is situated on the southern side of Sea Front which runs along the bottom on the island and within close proximately of the sea front/beach.

Planning

The existing use is currently a Public House.

Planning has been submitted for the "proposed part demolition and alterations in connection with the change of use from public house to form 9No. one and two bed apartments"

Interested parties should make their own planning enquiries and satisfy themselves in this regard.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The Royal Shades is a former pubic house dating from the 19th century. It is a part two/part single storey building and is constructed of painted brick under a slate roof. The frontage includes curved bays at ground floor. The southern half of the building has been extended.

Internally, the building before it was closed in 2018, comprises a ground floor bar, kitchen and toilets. The first floor contains manager's accommodation.

Externally, there is a rear yard and associated car park for sole use of the building.

We understand the ground floor public house has an approximate GIA of 429 sq m, whilst the first floor has a GIA of 225 sq m. Total GIA 654 sq m.

Business Rates / Council Tax Band

Rateable Value (2017): £6,300
Future Rateable Value (2023): £2,200

The occupier may be entitled to 100% Small Business Rate relief.

Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d. ).

EPC

To be assessed.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

We have been instructed to market the property with vacant possession, and seek offers in the region of £750,000 for the freehold interest subject to contract.