Atlantic House, Third Floor Suite, 114 Kingston Crescent, Portsmouth, Hampshire, PO2 8AL

Description

The property comprises a three storey office building, with the subject accommodation being on the third floor.

The accommodation is mainly open plan, with a separate meeting room, kitchen and male and female WC's. The property benefits from the following:

- Communal lift
- Perimeter trunking with networking in place
- Carpeted throughout
- Suspended ceiling with LED lighting

Externally, there is parking for five cars.

Location

Portsmouth 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 rail network provides a regular rail service to London Waterloo with a fastest journey time of approximately 1 hour 30 minutes.

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 and some 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.

VAT

We understand that the property is not elected for VAT.

Accommodation

The accommodation has the following approximate Net Internal Area (NIA):

Business Rates / Council Tax Band

Rateable Value (2023): £13,500 (Office) and £1,800 (Parking)

The occupier may be entitled to some Small Business Rate relief, which can range from 92% to 8%.

EPC

We understand the property has an EPC rating of C - 67.

Legal Fees

Each party to bear their own legal costs incurred.