To Let
24 Stubbington Green,
Fareham,
Hampshire
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Retail, Food and Beverage
926 Sq Ft (86.03 Sq M)
Location
The premises are located in prominent position on the northern side of the green in Stubbington. Occupiers in the vicinity include Costa, Co-op, Dominos, Hampshire Beauty, Iceland Food and The Fruit Basket.
Description
The property is located in a prominent position on the North side of The Green Stubbington. The parade includes a hairdresser, café, hardware shop and an estate agency. The property comprises a well presented ground floor retail space, with a large glass frontage. Additional benefits include a small kitchen, WC facilities and one allocated parking space.
Accommodation
We understand the accommodation has an approximate NIA of:
| Description | Sq Ft | Sq M |
|---|---|---|
| Ground Floor | 926 | 86.03 |
| Total | 926 | 86.03 |
Energy Performance Rating
We understand the property has an EPC rating of 'B' (expiry date - 14/06/2033).
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 (2026): £18,750
Occupiers will pay approximately 38% of this per annum.
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 £30,000 per annum exclusive, subject to vacant possession.
Service Charge: Adhoc rec only.
Insurance: £480.54 per annum.
VAT
We understand the property is registered for VAT.
Legal Fees
Each party to bear their own legal costs incurred.
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.