To Let / For Sale
58A Station Road,
Hayling Island,
Hampshire,
PO11 0EL
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Offices
1,035 Sq Ft (96.15 Sq M)
Location
Hayling Island is an island off the south coast, in the borough of Havant in the county of Hampshire, east of Portsmouth.
The property is located on the northern side of Station Road.
Description
The accommodation comprises a ground floor office, with kitchen and WC to the rear, with a mezzanine above.
Accommodation
The accommodation has the following approximate Net Internal Area (NIA):
| Description | Sq Ft | Sq M |
|---|---|---|
| Ground Floor Office | 590 | 54.81 |
| Mezzanine | 445 | 41.34 |
| Total | 1,035 | 96.15 |
Energy Performance Rating
We understand the property has an EPC rating of C-57 (expiry date - 14/04/2027).
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
Taxation
Rateable Value (2023): £8,000
The occupier may be entitled to 100% Small Business Rate relief.
Terms
We have been instructed to market the property with vacant possession and quote a price of £150,000 for the freehold interest subject to contract.
Alternatively, the property is available to let by way of a new full repairing and insuring lease for a term to be agreed at a commencing rent of £15,000 per annum exclusive.
VAT
We understand that the property is not elected for VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Anti-Money Laundering Regulations 2017
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.
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.