24 Stubbington Green, Fareham, PO14 2JY

Class 'E' Retail Unit

Description

Stubbington is a village situated midway between Southampton and Portsmouth on the B3334. The premises forms part of a parade surrounded by local independent occupiers. The property is located on the popular Stubbington Green with heavy foot traffic, and good public transport links.

The property comprises a well-presented ground floor retail space with a large glass frontage, additional rear storage/ ancillary space with kitchenette and WC.

The property benefits from one allocated parking space at the rear.


Accommodation

Net Internal Area - 926 sq.ft (86.02 sq.m)

Planning

Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.

EPC Text

Asset Rating - B(44)

Rating

Rateable Value £18,000
Source www.voa.org.uk The 2024/2025 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.

Terms

Available by way of a new full repairing and insuring lease for a term to be agreed at £32,500 per annum exclusive of rates VAT (if applicable) and all other outgoings.

Note: There is to be a service charge levied to cover communal costs
Note: It is understood VAT is payable on rents.
( Agency Pilot Software ref: 14851 )