40 Park Parade, Leigh Park, Havant - AcquirePremises
TO LET
HOLLOWAY ILIFFE & MITCHELL
Ground Floor Lock-Up Shop 1,331 Sq Ft (123.65 Sq M)
40 Park Parade Leigh Park Havant Hampshire SATNAV PO9
5AD
Your Local Experts for
Located Within Established Shopping Parade Flexible Terms Available Extensive Parking Located Nearby Other Uses Considered STP
Property Click to View our Latest Instructions
Portsmouth
O23 9237 78OO
Southampton
O23 8011 9977
Commercial Estate Agency > Property Management > Valuations > Development Advice Rating > Investment Advice > Building Surveys > Arbitration > Rent Review / Lease Renewal
hi-m.co.uk
40 Park Parade, Leigh Park, Havant, Hampshire LOCATION
Park Parade is situated approximately eight miles north east of Portsmouth and is a short distance away from the A3m leading to Petersfield and A27 trunk Road to Portsmouth and Southampton.
EPC RATING C (55)
LOCATION PLAN
Park Parade is situated in the centre of the Leigh Park Housing Complex, which is an established residential area developed by Portsmouth City Council and is adjacent to Greywell Shopping Centre which is an established district shopping complex with a majority of national multiple occupiers including Tesco, New Look, Farmfoods, 99p Stores, Iceland and Greggs. Other nearby occupiers include Cash Convertors, Lidl, and Boots. Extensive parking surrounds the parade.
DESCRIPTION The property comprises a ground floor lock-up shop within a two storey building which is accessed via a double front door, which currently leads to a sales area with suspended ceiling and carpeting. The unit benefits from an electric roller shutter. There is also an additional office, kitchenette, store,low level WC and hand-wash basin located to the rear of the property. The premises currently have a Sui Generis use and have previously been used as an Amusement Arcade. Other uses will be considered subject to planning.
ACCOMMODATION Net Internal Sales Area Office Kitchenette Rear Storage Total Net Internal Area
105.92 sq.m/ 1,140 sq.ft 9.23 sq.m / 99 sq.ft 7.17 sq.m/ 77 sq.ft 1.36 sq.m/ 15 sq.ft 123.69 sq.m/ 1,331 sq.ft
WC & wash-hand basin
TERMS £10,000 per annum exclusive of VAT Available on a new full repairing and insuring lease for a term to be agreed.
BUSINESS RATES Rateable Value: £11,500. Uniform Business Rates Payable per annum: £5,102.17 Source: voa.gov.uk
The above calculations are based on the following limitations: • •
Small business rate relief applies only to occupied properties. A percentage reduction in your rates bill only applies if you only occupy one property.
You are advised to confirm the rates payable with the local council before making a commitment.
DISCLAIMER
Holloway Iliffe & Mitchell Limited
Registered Office:10 Acorn Business Park Northarbour Road Portsmouth PO6 3TH
For the Lessors or Vendors of this instruction, whose Agents they are, give notice that; These particulars are set out as general guidance only to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Lessees, Purchasers or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Holloway Iliffe & Mitchell has any authority to make any representation or warranty whatsoever in relation to this property.
VIEWING Strictly by appointment with sole agents Luke Mort T 023 9237 7800 E [email protected]
OTHER COSTS A service charge is payable to cover costs such as maintenance and repair of common parts landscaping management fees. Additionally building insurance is also payable. A contribution towards the landlord’s legal costs may be required. Unless stated, all prices and rents are quoted exclusive of VAT.
follow us..
As responsible landlords, our client has regard to the recommendations of the Code of Practice for Commercial Leases in England & Wales. If you are professionally represented, you should ask your advisor for a copy. Alternatively, the document can be found at www.leasingbusinesspremises.co.uk or be obtained from The Royal Institution of Chartered Surveyors (Tel: 020 7343 3806) In accordance with the code, our client is willing to consider alternative lease terms to those proposed. If you wish to suggest different terms, please set these out clearly in your reply. Please bear in mind however that variations may affect the level of rent proposed.
Date Prepared: 18-May-2016
HOLLOWAY ILIFFE & MITCHELL
Ground Floor Lock-Up Shop 1,331 Sq Ft (123.65 Sq M)
40 Park Parade Leigh Park Havant Hampshire SATNAV PO9
5AD
Your Local Experts for
Located Within Established Shopping Parade Flexible Terms Available Extensive Parking Located Nearby Other Uses Considered STP
Property Click to View our Latest Instructions
Portsmouth
O23 9237 78OO
Southampton
O23 8011 9977
Commercial Estate Agency > Property Management > Valuations > Development Advice Rating > Investment Advice > Building Surveys > Arbitration > Rent Review / Lease Renewal
hi-m.co.uk
40 Park Parade, Leigh Park, Havant, Hampshire LOCATION
Park Parade is situated approximately eight miles north east of Portsmouth and is a short distance away from the A3m leading to Petersfield and A27 trunk Road to Portsmouth and Southampton.
EPC RATING C (55)
LOCATION PLAN
Park Parade is situated in the centre of the Leigh Park Housing Complex, which is an established residential area developed by Portsmouth City Council and is adjacent to Greywell Shopping Centre which is an established district shopping complex with a majority of national multiple occupiers including Tesco, New Look, Farmfoods, 99p Stores, Iceland and Greggs. Other nearby occupiers include Cash Convertors, Lidl, and Boots. Extensive parking surrounds the parade.
DESCRIPTION The property comprises a ground floor lock-up shop within a two storey building which is accessed via a double front door, which currently leads to a sales area with suspended ceiling and carpeting. The unit benefits from an electric roller shutter. There is also an additional office, kitchenette, store,low level WC and hand-wash basin located to the rear of the property. The premises currently have a Sui Generis use and have previously been used as an Amusement Arcade. Other uses will be considered subject to planning.
ACCOMMODATION Net Internal Sales Area Office Kitchenette Rear Storage Total Net Internal Area
105.92 sq.m/ 1,140 sq.ft 9.23 sq.m / 99 sq.ft 7.17 sq.m/ 77 sq.ft 1.36 sq.m/ 15 sq.ft 123.69 sq.m/ 1,331 sq.ft
WC & wash-hand basin
TERMS £10,000 per annum exclusive of VAT Available on a new full repairing and insuring lease for a term to be agreed.
BUSINESS RATES Rateable Value: £11,500. Uniform Business Rates Payable per annum: £5,102.17 Source: voa.gov.uk
The above calculations are based on the following limitations: • •
Small business rate relief applies only to occupied properties. A percentage reduction in your rates bill only applies if you only occupy one property.
You are advised to confirm the rates payable with the local council before making a commitment.
DISCLAIMER
Holloway Iliffe & Mitchell Limited
Registered Office:10 Acorn Business Park Northarbour Road Portsmouth PO6 3TH
For the Lessors or Vendors of this instruction, whose Agents they are, give notice that; These particulars are set out as general guidance only to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Lessees, Purchasers or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Holloway Iliffe & Mitchell has any authority to make any representation or warranty whatsoever in relation to this property.
VIEWING Strictly by appointment with sole agents Luke Mort T 023 9237 7800 E [email protected]
OTHER COSTS A service charge is payable to cover costs such as maintenance and repair of common parts landscaping management fees. Additionally building insurance is also payable. A contribution towards the landlord’s legal costs may be required. Unless stated, all prices and rents are quoted exclusive of VAT.
follow us..
As responsible landlords, our client has regard to the recommendations of the Code of Practice for Commercial Leases in England & Wales. If you are professionally represented, you should ask your advisor for a copy. Alternatively, the document can be found at www.leasingbusinesspremises.co.uk or be obtained from The Royal Institution of Chartered Surveyors (Tel: 020 7343 3806) In accordance with the code, our client is willing to consider alternative lease terms to those proposed. If you wish to suggest different terms, please set these out clearly in your reply. Please bear in mind however that variations may affect the level of rent proposed.
Date Prepared: 18-May-2016
