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UNDER OFFER

140 Albert Road, Southsea, Hampshire, PO4 0JS

From
£1,250 pcm
£15,000 pa

£38.76 per sq ft

Business rates & charges may apply

Flude Property Consultants, Portsmouth
SIZE AVAILABLE

387-489 sq ft

36-45 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Key features

  • Southsea is vibrant and well-established
  • Albert Road is a diverse commercial thoroughfare
  • Open plan retail space
  • Ancillary: 101 sq ft
  • The occupier may be entitled to 100% Small Business Rate relief.
  • Rent £15,000 pax
  • New effectively FRI lease available
  • Occupiers on Albert Road include The Kings Theatre Wine Vaults, Porters, Lord John Russell, Bored of Southsea and Gin and Olive

Description

Description

The accommodation comprises a self-contained ground floor retail unit providing open plan sales area with ancillary storage and WC to the rear.

Location

Southsea is a vibrant and well-established coastal district situated within the city of Portsmouth, Hampshire.

Albert Road serves as one of Southsea's principal thoroughfares and is a key commercial artery, linking the seafront with the wider Portsmouth area. The road is characterised by a diverse range of occupiers including national operators, independent traders, and a lively evening and night-time economy, underpinned by several public houses, bars, and entertainment venues, including the well-known Kings Theatre.

Planning

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

VAT

We understand that the property is not elected for VAT.

Accommodation

The accommodation has the following approximate floor areas:

Business Rates / Council Tax Band

Rateable Value (2023): £6,800
Rateable Value (from 1 April 2026): £7,500

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

EPC

To be reassessed.

Legal Fees

The tenant will be responsible for their own legal costs and a contribution to the landlords legal fees will be required of £1,250 plus VAT.

Brochures

140 Albert Road, Southsea, Hampshire, PO4 0JS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Fratton Station0.7 miles
  • Portsmouth & Southsea Station1.0 miles
  • Portsmouth Harbour Station1.6 miles

About Flude Property Consultants, Portsmouth

Regus, 1000 Lakeside North Harbour, Western Road, Portsmouth, PO6 3EN

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 pressures of business.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 7840LH. 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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