101 High Street, Gosport, Hampshire PO12 1DS

Description

Class E Premises
NIA 91.16 sq m (981 sq ft)

Location

Gosport is located on the south coast approximately 3 miles south west of Portsmouth, 6 miles south east of Fareham and 15 miles south east of Southampton. Gosport links directly to Portsmouth via a pedestrian ferry that runs throughout the day with a journey time of 4 minutes. The A32 is the principal arterial route to Gosport and provides good access to the M27 at junction 10 and 11, which in turn links to the M3 at Southampton and the A3(M) at Havant.

The property is situated on the eastern side of High Street which is the main shopping area within Gosport and is fully pedestrianized. Nearby occupiers include Vodafone, Boots, Superdrug, New Look and Halifax.

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

We understand that the property is not elected for VAT.

Accommodation

The accommodation comprises a sales area with a rear storage area with kitchenette and W/C. The property benefits from rear access via South Street car park. The total size has an approximate NIA 91.16 sq m (981 sq ft).

Business Rates / Council Tax Band

Rateable Value (2023): £11,000

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

EPC

We understand the property to have an EPC rating of C (75).

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £14,000 per annum exclusive.