First & Second Floor, 139 Goldsmith Avenue, Southsea, Hampshire, PO4 8QZ

Description

The premises comprise of a first and second floor workshop unit accessed via a separate entrance to the ground floor. The first and second floor can be let separately or together and can be self-contained.

Both floors are mostly open plan and previously been used as a gym and an art studio. There are partitioned rooms for kitchenette, 2 W/Cs and office space on each floor. There is a shared lift and fire escape for both floors.

There is no parking available with the unit.

The ceiling height is 2.16m to the beams.

Location

Portsmouth is the second largest city in the county of Hampshire and is the second most densely populated city in the UK, after Inner London. It is located approximately 66 miles south west of Central London, 53 miles west of Brighton and 20 miles east of Southampton.

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.

Portsmouth and Southsea station has a regular rail service to London Waterloo with a fastest journey time of approximately 1 hour 30 minutes. Southsea is an affluent suburb of Portsmouth and a popular coastal resort, located approximately one mile south west of the city centre and close to the seafront.

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.

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

VAT

We understand the property is registered for VAT.

Accommodation

The accommodation has the following approximate floor areas -

Business Rates / Council Tax Band

Rateable Value (2023) First Floor: £10,500.
Rateable Value (2023) Second Floor: £6,800.

The occupier may be entitled to 100% Small Business Rate relief.

EPC

TBC

Legal Fees

Each party to bear their own legal costs incurred.

AML

Due to Government legislation, we are legally obliged to undertake Anti-Money Laundering checks on prospective Purchasers / Tenants where a transaction has a capital value of €15,000 (Euro) or more or a rental value of €10,000 (Euro) per calendar month or more. This includes checking proof and source of funds. Please note that we need to obtain the relevant information and record this on file before a transaction can be contracted.