To Let
31E Stubbington Mall,
Stubbington Green,
Fareham,
PO14
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Retail, Food and Beverage
82 Sq Ft (7.62 Sq M)
Location
Stubbington Mall is situated within Stubbington Village, between Lee-on-Solent and Titchfield. The Mall lies a couple miles south of the A27 which links to the M27 and other road networks.
The property is located within Stubbington Mall.
Description
Small Lock Up Shop / Office To Let
Accommodation
The accommodation has the following approximate Net Internal Area (NIA): 82 sq ft (7.62 sq m)
The property benefits from shared cloakroom facilities.
Energy Performance Rating
We understand the property has an EPC rating of C.
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
Rateable Value (2026): £2,200
The occupier may be entitled to 100% Small Business Rate relief.
Terms
The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £2,900 per annum exclusive.
The service charge is £626.48 per annum and the building insurance is £75.49 per annum.
VAT
We understand that the property is not elected for VAT.
Legal Fees
Each party to bear their own legal costs incurred.
A reservation fee of £950, plus VAT is to be paid to the Landlord prior to the issuing of the draft lease.
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.