71 Osborne Road, Southsea, Portsmouth
£16.85 per sq. ft.
Business rates & charges may apply
1,780 sq. ft.
(165 sq. m.)
High street retail property to lease
Lease details
- Lease type:
- Long term
Key features
- Central location within Southsea
- Thriving retail and leisure destination
- Forms part of a Character building
- Parking and rear loading
- Planning permission has been granted for Class E(b) (Restaurant/Cafe with takeaway
- Requires a tenant to complete a full fit out
- Rent £30,000 pax
- New FRI lease available, subject to vacant possession
- Nearby occupiers include Fox and Sons Estate Agents, Southsea Coffee, NatWest and Andre's Food Bar
Property description
Well Located Restaurant/Cafe With Takeaway
NIA 165 sq m (1,780 sq ft)
Location
Osborne Road, Palmerston Road and Marmion Road form the main commercial centre of Southsea. The area is a popular, established retail and leisure destination, with national and independent occupiers in the vicinity including Wetherspoons, Waitrose, Tesco, Natwest and Sainsburys.
The property is situated on the northern side of Osborne Road, on its junction with Portland Road, and a short walk away from the seafront.
Nearby by occupiers include Fox and Sons Estate Agents, Southsea Coffee, Barclays Bank and Andre's Food Bar.
Planning
Planning permission has been granted for Class E(b) (Restaurant/Cafe with takeaway) including installation of extraction duct (resubmission of 20/01473/FUL).
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 property is a highly visible and prominently positioned corner unit arranged over ground floor level with rear loading and parking.
The property has an approximate NIA of 165.4 sq m (1,780 sq ft).
Business Rates / Council Tax Band
Rateable Value (2017): £23,000.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d. ).
EPC
We understand the property has an EPC rating of C (28).
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 £30,000 per annum exclusive.
Brochures
71 Osborne Road, Southsea, Portsmouth
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Portsmouth & Southsea Station0.9 miles
- Fratton Station1.1 miles
- Portsmouth Harbour Station1.1 miles
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
Notes
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