Unit Su9-11 Meridian Shopping Centre, Havant, Hampshire, PO9 1UN

Description

The premises comprises a large self-contained ground floor retail unit, with ancillary storage and WC's.

Location

Havant 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 Meridian Shopping Centre is located in Havant town centre and is accessible from West Street, North Street and Elm Lane. Occupiers within the centre include Costa, Fat Face Foundation, O2 and Card Factory.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.

VAT

We understand the property is registered for VAT.

Accommodation

The accommodation has a total approximate Net Internal Area (NIA) of

Business Rates / Council Tax Band

Rateable Value (2023): £44,750

Following the Government's latest budget, all occupied retail, hospitality & leisure properties receive a 40% discount from 1st April 2025 until 31st March 2026. Subject to annual cash cap of £110,000 per business and qualifying use.

EPC

To be confirmed.

Legal Fees

Each party to bear their own legal costs incurred.