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Retail Property (high street) to rent

316 London Road,Waterlooville,PO7

Let Agreed 963 sq. ft. | £16,300 pa| £1,358 pcm

Property Description

Commercial information

  • 963 sq ft (89 sq m)
  • Use class orders: A1 Shops

Letting information:

Furnishing: Unfurnished

Key features

  • Ground Floor Shop
  • Net Sales Area 89.48 sq m (963 sq ft)
  • New Lease
  • Busy Pedestrianised Pitch
  • Adjacent to National Occupiers
  • Public Car Park Nearby

Full description

Description
Waterlooville is a conveniently located town in close proximity to Denmead, Purbrook, Horndean and Cowplain.
Located approximately 8 miles north of Portsmouth, it is accessed via the A3(M) which is approximately 1 mile to the east.

London Road forms part of the retail district that serves the local and wider population and is made up of a broad range of national, regional and local occupiers.

The ground floor shop is positioned within the north pedestrianised section of London Road which benefits from a number of nearby public pay and display car parks. One of which is located approximately 20m to the south.

Accommodation:

Ground Floor:  Square Foot:  Square Metre:  
Net Sales Area  963  89.48  
Rear Ancillary/Kitchen  95  8.81  

Planning:
We understand the current permitted use to be A1 (Retail) All parties are advised to make their own enquiries of the local authority for confirmation.

Rates:
Rateable Value 27,000
Source - voa.gov.uk
*The 2015/2016 standard multiplier is 0.493 (49.3p payable per 1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.

EPC:
Asset Rating D84

Terms:
Available by way of a new effectively Full Repairing and Insuring lease for a term to be agreed at an initial rent of 18,500 per annum exclusive of rates, VAT (if applicable) and all other outgoings.

Please note: It is understood VAT is payable on rents.

It is understood that there is a service charge of approximately 750 plus VAT per quarter (subject to revision).


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