5A Edinburgh Road, Portsmouth, PO1 1DE

Description
The property is arranged to provide an open plan ground floor area with internal staircase leading to the first floor arranged as a large open plan area, number of offices and staffroom / kitchen. The unit has rear access at ground floor level to Willis Road.

Location
The property is located in a busy city centre position close to the junction of Edinburgh Road and the southern end of Commercial Road. Commercial Road is the main retail thoroughfare within Portsmouth city centre. There has been considerable development nearby with approximately 3,150 new students beds being created and a new 152 bedroom Travelodge Hotel. Iceland are adjacent, whilst other nearby occupiers include CEX and The Works. There are various leisure occupiers in the vicinity including Sprinkles Gelato.

Terms
The property is available on a new full repairing and insuring lease for a term to be agreed, subject to 5 yearly rent reviews.

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.

Legal Costs
Each party to pay their own legal costs.

AML
In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.