London Road, Portsmouth, PO2

LOCATION

The property is in a prominent position on the corner of Kipling Buildings, London Road, North End.

The property forms part of a parade of shops including a Spar, Premier, florist, public house, hairdressers and a number of retail shops, restaurants and takeaways

London Road (A2047) leads northwards to the M27 which provides east and west motorway transport, and the A3 which provides access northwards towards London.

Local busses 3, 7 theSTAR, 23 and 700 Coastliner run along London Road stopping outside the premises.

DESCRIPTION

The property comprises a corner unit currently arranged as meeting rooms, a front waiting room, a staff kitchen and bathroom facilities.

the unit was last used as a Pip assessment centre and is set up as a waiting room, secure reception and access-controlled meeting rooms.

TERMS

We are instructed to market the property on a new effective Full Repairing and Insuring Lease for a term to be agreed upon at a commencing rental of £18,500 per annum, plus VAT. A service charge is payable.  All figures are quoted exclusive of VAT

OUTGOINGS

Rateable Value: £17,750 as of April 2023

EPC RATING

CEPC Rating of C

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in this transaction.