To Let
Unit SU6-8,
Meridian Shopping Centre ,
Havant,
Hampshire,
PO9 1UN
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Retail, Food and Beverage, Leisure (Class D1, D2 and Other)
15,039 - 21,503 Sq Ft (1,397.12 - 1,997.63 Sq M)
- Well located within Havant town centre
- Well managed and attractive shopping centre
- Frontage/entrance onto North Street opposite Waitrose
- 12 month short term lease available, subject to vacant possession
- Rent £100,000 pax (inclusive of service charge)
- Connected to multi-storey car park
- Lift access to first floor
- Fitted retail unit ready for occupation
- Occupiers within the centre include Costa, Fat Face Foundation, O2 and Card Factory
Location
Havant is strategically located on the A27/M27/A3(M) and forms part of the extensive M27 / Solent corridor, providing easy access to Portsmouth, Southampton and London. Havant benefits from a mainline railway station with direct trains to London and the south coast.
The Meridian Shopping Centre is located in Havant town centre and is accessible from West Street, North Street and Elm Lane. Occupiers within the centre include Costa, Fat Face Foundation, O2 and Card Factory.
Description
Large Class E Premises in Desirable Shopping Centre
Ground Floor - 21,503 sq ft
Accommodation
The premises comprises a large self-contained fully fitted retail unit with open plan ground floor sales area, together with first floor storage space. The unit benefits from direct access to the loading bay, together with a goods lift to the first floor. The accommodation has the following approximate Net Internal Area (NIA):
Ground Floor - 15,039 sq ft
First Floor - 6,464 sq ft
Total - 21,503 sq ft
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
VAT
We understand the property is registered for VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Terms
The property is available to let by way of a new (effectively) full repairing and insuring lease on a 12 month lease excluded from the Act at a commencing rent of £100,000 pax (inclusive of service charge).
Rateable Value / Council Tax Band
Rateable Value (2023): £108,000.
It has been confirmed that Retail, Hospitality and Leisure Business Rates Relief scheme will provide eligible, occupied retail, hospitality and leisure properties with a 75% relief, up to a cash cap limit of £110,000 per business for applicable chargeable days from 1 April 2023 to 31 March 2025.
Interested parties should make their own enquiries to satisfy themselves of their business rates liability.
Energy Performance Rating
We understand the property has an EPC rating of B.