The Clockhouse & 81C London Road Waterlooville Hampshire

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FOR SALE

HOLLOWAY ILIFFE & MITCHELL

TOWN CENTRE DEVELOPMENT OPPORTUNITY With Planning Consent for 30 Flats & 1 Retail Unit 19,635 Sq Ft (1,824.09 Sq M)

The Clockhouse & 81C London Road Waterlooville Hampshire SATNAV PO7

7EL

Planning Reference APP/16/00963 Town Centre Location

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

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The Clockhouse & 81C London Road , Waterlooville, Hampshire LOCATION

EPC RATING

No. 81c and The Clockhouse occupy a prominent position on London Road, in the heart of Waterlooville town centre, and is situated within the pedestrianised Precinct.

EPC Not Required

PHOTO

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 ten minutes drive away.

DESCRIPTION The site comprises The Clockhouse, a modern, mixed use, part single, part two / three storey building which includes retail and residential uses over which there is a flat roof. 81C – This currently consists of a vacant ground floor retail premises and rear yard. Both buildings front London Road with servicing access to the rear. PLANNING - Planning Permission was granted on the 31st March 2017 (APP/16/00963) for redevelopment to provide 30 No.new flats (19No. 1 bed and 11No. 2 bed flats) comprising demolition of 81C London Road and construction of 1No. three storey block to the front with commercial unit on the ground floor and 1No. three storey residential block to the rear together with the addition of a third floor roof extension to the principal frontage building; conversion of commercial space at first floor to residential; with associated minor alterations, car and cycle parking, refuse storage facilities and landscaping.

LOCATION PLAN

ACCOMMODATION Flats

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

Stuart Mitchell T 023 9237 7800 E [email protected]

Luke Mort 81c Shop Premises Net Internal Area

93 sq.m / 1,000 sq.ft

T 023 9237 7800 T 023 8011 9977 E [email protected]

TERMS The premises are available on a part freehold / part long leasehold basis for offers in the region of £1,000,000 exclusive of VAT. Further details available on request.

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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: 21-Sep-2017