For Sale
256 London Road,
Waterlooville,
Hampshire,
PO7
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Investment
672 - 1,037 Sq Ft (62.43 - 96.34 Sq M)
- Waterlooville is a popular and attractive market town
- Two car parks close by which provide around 250 parking spaces - 3 hours free parking in Dukes Walk car park
- Sales area - 672 sq ft
- Ancillary space - 365 sq ft
- Total passing rent £13,500 pax
- Long leasehold interest, subject to the tenancies
- Guide price £140,000
- Nearby occupiers include Poppins, Pearsons, Papa Johns and Number 73 Bar and Kitchen
Location
Waterlooville is located on the south coast approximately nine miles north of Portsmouth, thirteen miles north east of Fareham and 28 miles east of Southampton. The town benefits from excellent road communications, being situated at Junction three of the A3(M), which connects to the M27/A27 South Coast trunk road.
The property is situated on the eastern side of London Road which leads directly into the pedestrianised area of the Boulevard and Dukes Walk Shopping Centre.
Description
The property comprises a ground floor retail store with sales area, storage, office, kitchenette and disabled W/C. There is rear access which leads to two car parking space for the tenant.
Accommodation
We have measured and calculate the premises to have the following approximate Net Internal Area (NIA):
Energy Performance Rating
We understand the property has an EPC rating of C - 66 (expiring 19 February 2029).
Planning
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
Taxation
We understand the property to have the following taxation:
Address: 256 London Road, Waterlooville, Hampshire, PO7 7HG
Description: Shop and Premises
Rateable Value (2023): £11,250
Rateable Value (from 1 April 2026): £TBC
Tenancy Information
The ground floor is let to Casa Bathrooms on a 5 year lease from 7 October 2025, at a rent of £13,500 per annum.
Terms
We have been instructed to market the long leasehold interest, subject to the existing tenancies and contract, at a guide price of £140,000.
VAT
We understand the property is registered 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.