Property Description
The shopping centre is under new ownership with an extensive refurbishment programme across the development, including ground floor commercial units, first floor residential flats, and generally uplift and modernise the feel of the shopping precinct. Wellington Way is near fully let with a variety of national covenants and local businesses.
18-21 sits on the main central corner of Wellington Way, and benefits from a rear private loading road.
The units fall within Class E of The Use Classes Order 1987 (as amended 2020), enabling a range of permitted uses including;
Retail Sale of Goods
Professional Services
Financial Services
Provision of Medical or Health Services
Offices
Sale of food and drink for consumption (mostly) on the premises Awaiting EPC.
Specification and floor areas
| Floor | sq.ft | sq.m |
|---|
| Offices | 3,700 sq.ft | 344 sq.m |
| Total |
3,700 sq.ft |
344 sq.m |
Agent's Disclaimer
For the Lessors or Vendors of this instruction, whose Agents they are,
give notice that; These particulars are set out as general guidance only
to intending Purchasers or Lessees, and do not constitute any part of an
offer or contract. Details are given without any responsibility and any
intending Lessees, Purchasers or Third Parties should not rely on them
as statements or representations of fact, but must satisfy themselves by
inspection or otherwise as to the correctness of each of them. No person
in the employment of Holloway Iliffe & Mitchell has any authority to make
any representation or warranty whatsoever in relation to this property.
Rent, Rates and Service charge details
The building is available to lease on the following terms:
- Lease details: Available on a new effective Full Repairing Insuring Lease for a term to be agreed at a rent of £45,000 per annum.
- Rent: £12.16 per sq.ft i.e. £45,000 per annum.
Agent's Disclaimer
For the Lessors or Vendors of this instruction, whose Agents they are,
give notice that; These particulars are set out as general guidance only
to intending Purchasers or Lessees, and do not constitute any part of an
offer or contract. Details are given without any responsibility and any
intending Lessees, Purchasers or Third Parties should not rely on them
as statements or representations of fact, but must satisfy themselves by
inspection or otherwise as to the correctness of each of them. No person
in the employment of Holloway Iliffe & Mitchell has any authority to make
any representation or warranty whatsoever in relation to this property.
There are no plans available to view for this property. Contact the agent for further information.
Property Location
Wellington Way Shopping Centre is located in the centre of Waterlooville a growing town positioned approximately 6.5 miles northeast of Portsmouth a major regional port and hub for commercial activity. Waterlooville forms part of the expanding south coast conurbation between Southampton in the west and Chichester in the east. Waterlooville benefits from good transport communications with the A3(M) a short car journey away which leads north to Guildford and London and south to Portsmouth and the M27 and the wider motorway network.
There are three main town centre carparks within a short walk of Wellington Way and bus stops located at the south western end of the centre. Nearby occupiers include; Boots, Iceland, Timpson's , Costa Coffee, Greggs, WH Smith and Poundland.
Map
