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2 & 2A London Road, Portsmouth, Hampshire, PO2

From
£4,167 pcm
£50,000 pa

£42.27 per sq ft

Business rates & charges may apply

Flude Property Consultants, Portsmouth
SIZE AVAILABLE

1,183-1,992 sq ft

110-185 sq m

SECTOR

Takeaway to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Key features

  • Established commercial and residential location
  • Fitted Bar
  • Outdoor Seating
  • Previous takeaway use with fixtures and fittings
  • New FRI lease available
  • Rent £50,000 pax
  • Rear yard for storage / parking
  • Nearby occupiers include Revitalise, Aldi and Layls Pharmacy

Description

Description

Rare opportunity for large unit with parking
Total Size - 185.07 sq m (1,992 sq ft)

Location

Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/ A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network.

The property is situated on the eastern side of London Road in North End, which is an established retail location and a densely populated suburb of Portsmouth. Nearby occupiers include Papa Johns, Aldi and Layls Pharmacy.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO uses that were categorised under the former UCO as A4, A5 and some D2 uses (cinemas, concert halls, bingo halls and dance halls) are now regarded as a Sui Generis use. We therefore understand that the use of the subject premises is a Sui Generis use.

This is for both the takeaway and public house use.

Interested parties should make their own planning enquiries and satisfy themselves in this regard.


VAT

We understand the property is registered for VAT.

Accommodation

The accommodation comprises of a large ground floor unit which has previously been used as a pub and takeaway unit. The units were previously let out separately but we are looking to let out as one whole unit, including the large yard space at the back.

The left hand side was previously used as a pub and has a large open bar area with a fitted bar from the previous tenant. To the rear there is further storage and a kitchen area to provide a food offering. There are male and female toilets with rear access to a yard which provides further seating.

The right hand side was previously used as a pizza takeaway with previous tenants fittings. There is a front and side entrance.

The premises would lend itself to suit a similar use or food offering STP.

The rear land can be accessed to the right of the property and could be used for parking or further open storage.

We have measured and calculate the premises to have a NIA of 185.07 sq m (1,992 sq ft)


Business Rates / Council Tax Band

The Rateable Value for 2 London Road (left hand side) is currently calculated on a turnover basis for a public house. The Rateable Value is currently £6,750.

The Rateable Value for 2a London Road (right hand side) is currently £10,750.

Occupiers would need to make their own enquiries.

EPC

We understand the property has an EPC rating of B.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The property is available to let by way of a new full repairing and insuring lease for a term to be agreed at a commencing rent of £50,000 per annum exclusive.

Brochures

2 & 2A London Road, Portsmouth, Hampshire, PO2

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Portsmouth & Southsea Station1.1 miles
  • Fratton Station1.2 miles
  • Hilsea Station1.4 miles

About Flude Property Consultants, Portsmouth

114 Kingston Crescent, Portsmouth, PO2 8AL

Flude Property Consultants is a regional independent firm of Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors (RICS) who specialise in advising clients with commercial property interests.

Our main areas of expertise are commercial property agency, lease advisory (rent reviews, lease renewals and lease re-gears), property management, valuation, rating, investment and development property.

We are a commercially minded practice who understand the needs and pressures of business.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5573LH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Flude Property Consultants, Portsmouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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