170 Copnor Road, Portsmouth, Hampshire, PO3

Description

Vacant Ground Floor Shop and Flat for Sale
Total Size - 107.75 sq m (1,160 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.

Copnor is a busy thoroughfare through Portsmouth and is a busy secondary retail location. Copnor Road serves a dense residential population and benefits from good on-street parking. Nearby occupiers include the Co-op, Ladbrokes, Launderette and other independent occupiers.

The property is situated on the eastern side of Copnor Road, near its junction with Seafield Road.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.

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



VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The accommodation comprises of a two-storey self contained unit with ground floor shop, previously used as a takeaway. The extraction has been removed. The first floor is accessed through the shop and has three rooms, previously used as a flat. There is a garden at the rear of the property.

We have measured and calculate the premises to have the following approximate Net Internal Area (NIA) and the flat with the following approximate Gross Internal Area (GIA).

Ground Floor Shop - 67.23 sq m (724 sq ft)
First Floor Flat - 40.53 sq m (436 sq ft)
Total Size - 107.75 sq m (1,160 sq ft)

Garden - 44.61 sq m (480 sq ft)


Business Rates / Council Tax Band

Rateable Value (2023): £5,600

The occupier may be entitled to 100% Small Business Rate relief.

EPC

We understand the property has an EPC rating of C.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

We have been instructed to market the property with vacant possession and quote a price of £200,000 for the freehold interest subject to contract.