Property unavailable This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings. Show similar properties Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us. If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email. Street view 103 London Road, Waterlooville, PO7 7EQ 1,059 Sq Ft / Retail / Retail - High Street Withdrawn - Last updated: 08 October 2024 DescriptionThe property is situated in a pedestrianised section of London Road, Waterlooville, in close proximity to the junction with The Boulevard precinct. This section of London Road is occupied by a mix of national and independent retailers.The property is a two storey end terrace retail unit. It's configured to provide main retail area, office/kitchen, rear store.Stairs lead from the rear of the retail area to the first floor which comprises a landing, WC, and three cellular rooms. The property benefits from a single storey extention to the rear and a large car parkAccommodationNIA - 1,059 sq.ft (98.40 sq.m)PlanningUnder the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, caf�XXX health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.EPC TextAsset Rating E (114)RatingRateable Value£6,800Source www.voa.org.uk The 2024/2025 small business multiplier is 0.499 (XXX payable per £1).TermsOffers considered in the region of £168,000 subject to contract for the freehold interest and subject to the agreements outlined.A purchase at this level shows a Net Initial Yield of 10.9%, after usual buyers costs. Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.Property let by way of a lease dated 25th December 2016 for a term of 10 years at a passing rent of £18,750 per annum, expiring 24th December 2026. The tenant is an individual trading as Finishing Touch. The lease is subject to an open market upward only rent review on the 25th December 2021. ( Agency Pilot Software ref: 10268 ) Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist