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2-16 Park Road South, 2-4 Park Road South, Havant, PO9 1HB

22,410 Sq Ft / Other / Investment

For Sale - £2,500,000.00

Under Offer - Last updated: 21 November 2024

Summary

The property comprise a prominent multi-let commercial premises incorporating a main two storey ‘L’ shaped block with predominantly ground floor retail and first floor offices.

Two retail units, located on the most southerly section of the building, extend over first floor.

In addition to the main block is a detached workshop / store located in the central parking area (West End Store) and also a single storey flat roof office / retail unit (1B Brockhampton Lane), adjacent the vehicular access point from Brockhampton Lane. There is also vehicular access from Park Road South.

The first floor office suites are split into three sections; 8 Park Road South, (comprising 7 suites), 1A Brockhampton Lane (comprising 9 suites) and two suites located above 41-45 West Street. All three have their own secure ground level pedestrian access points leading to stairwell.

The office accommodation is well presented with modern double glazed uPVC windows, carpet, mix of suspended and plasterboard ceilings with either inset or mounted lighting, plus gas central heating with two boilers located within the communal areas.

All parking on site is allocated to occupiers.


Key Points

  • Contractual Rent £225,680 pax
  • ERV £322,593 pax
  • Multi-Let
  • Retail, Office plus detached industrial / Store Unit
  • Central location close to A27, bus and train stations
  • Development potential STP
  • Location

    Havant is a popular town located on the south coast close to the Hampshire/West Sussex border, approximately midway between the cities of Portsmouth and Chichester. The town benefits from good communication links with road access via the A27 to the M27 and a direct rail link to Portsmouth and London Waterloo.

    The subject property is situated across Park Road South, West Street and Brockhampton Lane within the popular commercial and retail district adjacent the pedestrianised section of West Street which leads to Havant bus and train stations and Meridian Shopping Centre.

    In close proximity is also Havant Park and Havant & South Downs College which has 7,500 students over various campuses.

    There are 5 roadside public parking spaces positioned immediately in front of 41-49 West Street with 30 minute free parking.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Freehold £2,500,000.00 NA

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    Contact agents

    Patrick Mattison

    Hellier Langston

    01329 530340

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