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UNDER OFFER

248C Commercial Road, Portsmouth, Hampshire, PO1 1EW

£2,500 pcm
£30,000 pa

£18.54 per sq. ft.

Business rates & charges may apply

Flude Property Consultants, Portsmouth
SIZE AVAILABLE

1,618 sq. ft.

(150 sq. m.)

SECTOR

High street retail property to lease

Lease details

Lease type:
Long term

Key features

  • Suitable for a variety of uses (stp)
  • Well located within Portsmouth city centre
  • Sales area 864 sq ft
  • Central position close to public car parks, bus and rail stations
  • New FRI lease available
  • Rent £30,000 pax
  • Nearby occupiers include Subway, KFC, Specsavers, Argos, Flannels and Cascades shopping centre

Property description

Description

City Centre Class E Premises
Total NIA - 150.32 sq m (1,618 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 eastern side of Commercial Road, which is one of the main shopping areas within the city. Nearby occupiers include, Subway, Argos, Specsavers, KFC and Cascades shopping centre.

Planning


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

VAT


We understand that the property is elected for VAT.

Accommodation


The property comprises a three storey terraced building. Internally, the ground floor provides open plan sales area with two floors of ancillary space above, which include a kitchenette and WCs.

The property has the following approximate NIA:

Sales Area - 80.27 sq m (864 sq ft)
First Floor Ancillary - 53.70 sq m (578 sq ft)
Second Floor Ancillary - 16.35 sq m (176 sq ft)



Business Rates / Council Tax Band


Rateable Value (2017): £38,000.

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 (74).

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

248C Commercial Road, Portsmouth, Hampshire, PO1 1EW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Portsmouth & Southsea Station0.3 miles
  • Fratton Station0.7 miles
  • Portsmouth Harbour Station0.9 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 3876LH. 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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