LOCATION
The property is situated on Elm Grove with both national and independent retailers in close proximity, including Sainsbury’s Local, Domino’s Pizza, The Beauty Salon, Groves Restaurant & Bar, The Post Office and Hayling Hardware.
Elm Grove is a busy thoroughfare to the sea front and close to Mengham Road shops. The A27 and M275 motorway network is within easy reach.
The closest trains station is located in Havant town centre, which is approximately 5.5 miles to the north
DESCRIPTION
The property comprises a ground floor open plan retail area, with ancillary staff amenities to the rear.
It includes a self-contained 2 bed flat above, which is accessed from the rear of the parade, providing an open plan kitchen living room, bathroom and two bedrooms
There is a single garage included, located within a block at the rear of the building.
SHOP | M | Ft |
Frontage | 4.8 sq m | 15’ 9” sq ft |
Built Depth | 15 sq m | 49’ 2” sq ft |
Sales area | 54 sq m | 586 sq ft |
FLAT | M | Ft |
Living room | 18 sq m | 199′ sq ft |
Kitchen | 9.5 sq m | 102′ sq ft |
Bedroom 1 | 9.9 sq m | 95 sq ft |
Bedroom 2 | 14.4 sq m | 155 sq ft |
TERMS
We are instructed to market the property on a new Full Repairing and Insuring Lease for a term to be agreed at the commencing rental of £19,850 per annum exclusive.
Tenant will be reimburse the landlord for the full building insurance to cover the shop, flat and garage.
OUTGOINGS
Rateable Value:
Shop: £8,800 (Source: VOA)
EPC RATING
( C ) 60
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in this transaction.