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.