Hellier Langston, Fareham

61 South Street, Havant, PO9 1BZ

Offer in excess of

£365,000

Under offer

Size

2,870

Tenure

Freehold

EPC

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Parking

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Primary use
Traditional office
Other use(s)
Other
Capacity
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Desks
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No floor / site plan

Key features

  • Freehold single let office investment
  • Tenant has recently renewed lease which shows their commitment to the property
  • Net initial yield of 8.09% assuming standard purchaser's costs of 4.12%
  • Grade II Listed
  • Suitable for alternative uses in the future (STP)
  • Within easy reach of A27, A3(M) and M27

Description

Description
The property comprises of a single let, three storey detached office building in a predominantly residential area. The property is carpeted throughout and is decorated to good decorative order. The property benefits from a parking area for several cars and a sizeable garden.

Location
Havant is a popular town on the south coast, situated near the Hampshire/West Sussex border, approximately halfway between Portsmouth and Chichester.

As a thriving market town, Havant features a mix of historical charm and modern conveniences. It is known for its lively street market on Fridays, a contemporary indoor shopping mall, and a variety of local attractions, including Staunton Country Park.

Havant has ‘ambitious long-term plans to regenerate Havant town centre and the neighbouring civic centre campus with a phased, residential led, collaborative and transformational place-making program; providing new homes and an enhanced public realm which incorporates existing assets such as Havant Park’.

Regeneration project includes the permitted demolition and residential redevelopment of the multi storey Bulbeck Road Car Park, located opposite on the east side of Park Road South. Strong footfall due to connectivity to retail parks, Tesco extra and pedestrianised retail section of West Street, Havant, providing access to the Meridian Shopping Centre. West Street occupiers include Boots, Halifax, NatWest, Specsavers & Costa. High traffic movements with Park Road South being the main arterial route into and out of the town. Wide range of business sectors across asset.


Havant Town
Havant is a thriving business location with many key occupiers such as M&S, Next, Sports Direct, Halfords, Home Bargains, Pets at Home, Hobbycraft, Aldi, Wickes, KFC, Dreams and B&M. McDonalds is located opposite with Tesco extra, Tesco filling station and Burger King just to the south.
Hellier Langston, Fareham

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Additional information
Service charge
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Business rates
£4
Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

61 South Street, Havant, PO9 1BZ

NEAREST STATIONS

National Rail

Havant Station

0.38 miles

National Rail

Bedhampton Station

0.74 miles

National Rail

Warblington Station

0.74 miles

About Hellier Langston, Fareham

Hellier Langston, Fareham

HELLIER LANGSTON is an independent firm of Commercial Property Agents, Surveyors, and Valuers based in Fareham, specialising in all aspects of commercial property, including industrial, office and retail premises. We aim to provide clear, accurate and responsive advice to create long term client relationships.

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Disclaimer - Property reference 316460-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hellier Langston, Fareham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.