4-8 Guildhall Walk, Portsmouth

Description

Licensed Bar Premises
Total Size 652 sq m (7,030 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.

The property is situated on the western side of Guildhall Walk, which is walking distance to Portsmouth & Southsea train station. Guildhall Walk is an established part of the city's University quarter, centrally located for campus buildings and student accommodation. The property is surrounded by a range of leisure operators including The Isambard Kingdom Brunel, Yates, The Astoria and Brewhouse & Kitchen.

Planning

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

The property benefits from a late Premises Licence until 2am on Sunday - Thursday and until 4am Friday - Saturday. Further information available on request.

VAT

We understand the property is registered for VAT.

Accommodation

The property has the following approximate NIA:

Ground Floor Trading - 256 sq m (2,746 sq ft)
First Floor Trading - 165 sq m (1,777 sq ft)
Second Floor Ancillary - 128 sq m (1,381 sq ft)
Basement Ancillary - 103 sq m (1,108 sq ft)
Total - 652 sq m (7,030 sq ft)

Business Rates / Council Tax Band

Rateable Value (2017): £36,750
£13,750 (First Floor)

Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d. ).

EPC

We understand the property to have an EPC rating of C (71).

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, subject to vacant possession at a commencing rent of £60,000 per annum exclusive.