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To have someone contact you regarding this property click hereRETAIL SHOP TO RENT
37, Park Parade, Leigh Park
Havant
Portsmouth
PO9 5AA
Retail Shop: 37, Park Parade, Leigh Park
Retail Shop: 37, Park Parade, Leigh Park
Business Space: 37, Park Parade, Leigh Park
Description:
LOCATION
The property is located in the Leigh Park shopping district 1 mile to the north of Havant town centre. The M27 is under 4 miles away while Portsmouth City Centre is within 10 miles.
DESCRIPTION
A 2 storey building fronting the pedestrian precinct with a public car park to the rear. The ground floor retail has an independent access and benefits from two rear loading bays, burglar alarm, ample storage/delivery space and ladies & gents WC’s. The first floor is currently let as a Snooker Club and comprises 8,619 sq ft (approx) producing a rental income of £9,167 per annum.
There is also a separately let ground floor Off Licence/shop to the right of the main shop that comprises 604 sq ft approx producing a rental income of £8,400 per annum.
ACCOMMODATION
Approximate gross internal floor areas
Ground floor retail... 691.24 sq m... (7,440 sq ft)
Ground floor stores & loading bays.... 135.29 sq m... (1,456 sq ft)
TOTAL (excluding WC’s & staff rest room)
826.53 sq m... (8,896 sq ft)
TERMS
The ground floor is available on a flexible new lease on terms to be agreed. Alternatively the whole building is available freehold.
SERVICE CHARGE
There is a service charge for shared costs. Further details are available on request.
RATES
We understand from the Valuation Office Website that the Rateable Value for the main ground floor retail area is £64,500 from 01 April 2010. The Uniform Business Rate is 43.3p in the £ from April 2011. We recommend that prospective tenants verify this with the Valuation Office.
LEGAL COSTS
Each party to pay their own legal costs.
Dimensions:
| Ground floor sales area ITZA: | 691.2 Sq m (7,440 Sq ft) |
|---|---|
| Ground floor area overall (Gross internal): | 826.47 Sq m (8,896 Sq ft) |
| Upper floor(s) area overall (Gross internal): | 800.73 Sq m (8,619 Sq ft) |
| Total floor area of building (Gross internal): | 1,627.2 Sq m (17,515 Sq ft) |
Specifications:
| Servicing: | Dedicated service yard | ||
|---|---|---|---|
| Power supply: | Single phase | ||
| Heating: | Unknown | Lighting: | Unknown |
| Suspended ceiling: |  |
Refrigeration plant: | |
| DDA compliance: | |
EPC: | |
| Planning use: | A1 (Shop), Other uses (subject to planning) | ||
Building Rental/Sale Details:
| Rateable value: | £64,500 | Rates payable: | £27,928.50 PA |
|---|---|---|---|
| Size: | 1,627.2 Sq m (17,515 Sq ft) | ||
| Rent PAX: | Offers around £50,000 | ||
(All figures quoted are exclusive of VAT) |
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Contact:
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|
Tej Singh Keygrove 0238 083 5961 ts@keygrove.com |
| Click here to enquire |
Location:
These particulars are intended to provide a fair description of the property but their strict accuracy is not guaranteed, nor do they constitute any part of an offer or contract. Interested parties must satisfy themselves regarding the accuracy of the information contained herein before entering into any binding contract. All prices and/or rentals are quoted exclusive of VAT (if chargeable). The services, fixtures, fittings, appliances and other items of equipment referred to herein have not been tested by wantspacegotspace Limited. No warranty can, therefore, be given regarding their condition and interested parties must satisfy themselves, by inspection or otherwise, in this respect. Under no circumstances will wantspacegotspace Limited be liable, in negligence or otherwise, for any loss arising directly or indirectly from the use of these particulars.