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UNDER OFFER

208 Havant Road, Drayton, Hampshire

£2,083 pcm
£25,000 pa

£23.23 per sq. ft.

Business rates & charges may apply

Flude Property Consultants, Portsmouth
SIZE AVAILABLE

1,076-2,854 sq. ft.

(100-265 sq. m.)

SECTOR

Restaurant to lease

Lease details

Lease type:
Long term

Key features

  • Busy retail location and vehicular throughfare
  • Self-contained first floor one bedroom flat
  • Open plan sales area
  • Former KFC unit
  • Rear loading and parking
  • Shell Condition
  • Lower ground floor storage 1,064 sq ft
  • Rear loading and parking
  • New FRI lease available
  • Rent £25,000 pax

Property description

Description

Class E Premises
Ground Floor Sales Area 99.98 sq m (1,076 sq ft)

Location


Drayton is a popular residential suburb of Portsmouth, with excellent transport links and local facilities.

The property is situated on the southern side of Havant Road, a busy throughfare linking Cosham (M27) from the west and Farlington (A3/M27) from the east.
Nearby occupiers include The Co-Op, Kassia, Fry & Kent, Fine & Country, Betfred and C&Co Hairdressing.

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, 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 the property is not registered for VAT.

Accommodation


The property comprises a mid-terraced, two-storey building with a lower ground floor.

Internally, the ground and lower ground floors were configured as a KFC restaurant, but the former tenant has stripped the unit.

The first floor is arranged as a one bedroom flat, which is self-contained and independently accessed from the rear.

Externally, there is rear loading and parking.

The property has the following approximate NIA:

Area Sq M Sq Ft
Ground Floor 99.98 1,076
Lower Ground Floor 98.84 1,064
First Floor Flat 66.31 714
Total 265.13 2,854

Business Rates / Council Tax Band


Rateable Value (2017): £15,000.

Following the Government's 2018 Autumn Budget, from April 2019 for the remaining 2 years of the current Rating List, all occupiers of retail units with a Rateable Value below £51,000 (including £50,500 but excluding £51,000), will receive a discount of 1/3 from their rates bill, subject to State Aid Limits (€200,000).

EPC


We understand the property has 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 full repairing and insuring lease for a term to be agreed at a rent of £25,000 per annum exclusive.

Brochures

208 Havant Road, Drayton, Hampshire

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cosham Station0.8 miles
  • Hilsea Station1.3 miles
  • Bedhampton Station2.4 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

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Notes

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Disclaimer - Property reference 3449LH. 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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