For Sale
2-8 Greywell Road & 28-36 Park Parade,
Leigh Park,
Havant,
Hampshire,
PO9 5AL
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Investment
8,944 Sq Ft (830.9 Sq M)
- Well located within busy pedestrian shopping precinct
- Forms part of an established retail parade
- Close to local amenities and public transport links
- Extensive parking in surrounding area
- Total accommodation 8,944 sq ft
- Potential to split
- Total gross passing rent £131,421.84
- Freehold
- VAT is not applicable
- Price on application
Location
The property is situated within the pedestrianised part of Park Parade, fronting the pedestrian precinct with a public carpark to the rear. Park Parade is positioned in a predominantly residential area, with the shopping precinct servicing the large residential catchment of Leigh Park.
The area has good car parking provision and a number of national retailers such as Costa, Farmfoods, Greywell Pharmacy, The Post Office and Savers.
To the south is Havant town centre, a short drive away along with the A3 and A27 travel networks.
Description
Freehold Parade of Shops and Residential Investment
Accommodation
Please see Tenancy and Accommodation Schedule.
Energy Performance Rating
Please see Tenancy and Accommodation Schedule for details on EPC's.
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.
Taxation
Please see Tenancy and Accommodation Schedule for details on Rateable Values.
Terms
We have been instructed to market the freehold interest of the property subject to the tenancies. Price on application.
Anti-Money Laundering Regulations 2017 Due to Government legislation we are legally obliged to undertake Anti-Money Laundering checks on prospective
purchasers on transactions which involve a capital value of 15,000 euros or more. We are also required to request proof of funds.
Further information available on request.
VAT
Rents and prices are quoted exclusive of, but may be subject to VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Flude Property Consultants for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Property Consultants has any authority to make or give any representation or warranty whatsoever in relation to this property.
Please note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.
We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and any reliefs.