South Coast property consultant Holloway
Iliffe & Mitchell has recently completed the letting of Unit 1 The Clock
House to Warren Southsea Limited, trading as Belvoir Lettings which, following
change of use permission being granted, plan to relocate from their existing
unit to a more prominent location.
The Estate Agents have taken a new 6-year
lease on the 2,447 sq ft retail unit, which is located in a prominent position
on London Road, in the heart of Waterlooville town centre and benefits from
excellent road links to the A3 (M) and the M27. The property also has good
levels of passing foot flow through being situated within the pedestrianised
precinct
Commenting on the transaction, Luke Mort,
Commercial Agent at Chartered Surveyors Holloway, Iliffe & Mitchell said:
“At present there are a substantial amount of
empty properties in Waterlooville that have remained vacant for a long period
of time, which we were keen to avoid. This was achieved through ensuring that
the terms agreed were in line with current market conditions.”
Holloway Iliffe & Mitchell remain very
active in the commercial property sector, in Cosham and along the South Coast
and seek new instructions to satisfy their active applicant database.