The property is in a prominent position at one end of the pedestrianised London Road, in the heart of Waterlooville town centre.
The subject property is located on the eastern side London Road, close to its junction with Hambledon Road and bus only London Road section. Other occupiers in the close vicinity are Nationwide, Subway, Asda, Greggs, WHSmith, Large & Large Opticians and Lloyds bank.
The A3(M) is approximately 1 ½ miles to the east, leading to Petersfield & Guildford to the north with the M27 motorway network to the south, with Havant railway station being approximately 4 miles away to the east.
The property comprises of a large double retail unit providing open plan retail space of,4,961 sq ft and a store / loading area with rear loading access from a service road.
|Frontage||10.1 m||33’ 1”|
|Built Depth||40 m||131’ 2”|
|Shop Depth||34 m||111’ 6”|
|Sales area||461 sq m||4,961|
|Store (Rear Loading bay)||21 sq m||226 sq ft|
We are instructed to market the property on a new effective Full Repairing and Insuring Lease for a term to be agreed at a commencing rental of £55,000 per annum exclusive plus VAT. A service charge is payable. All figures are quoted exclusive of VAT
Shop: £45,750 (Source: VOA from April 2023)
Each party to be responsible for their own legal costs incurred in this transaction.