54 London Road, Portsmouth, Hampshire, PO2 0LN
£16.90 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,331 sq ft
124 sq m
- SECTOR
High street retail property to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Well-established retail destination within a densely populated suburban district
- High footfall location
- Open plan retail space
- Suitable of a variety of uses (stp)
- Rent £22,500 per annum
- New effective full repairing and insuring lease
- Nearby occupiers include national and regional retailers such as Lidl, Iceland, Savers, Costa and Greggs, contributing to a vibrant local trading environment.
Description
The subject premises occupies a prominent corner position and comprises a ground floor retail unit providing an open-plan sales area, with a WC located to the rear.
Location
Portsmouth is a major south coast city. The city enjoys excellent road connectivity, being positioned at the junction of the M27 and A27. The subject property is situated on the eastern side of London Road, in the North End area of Portsmouth.
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 the property is registered for VAT
Accommodation
The accommodation has the following approximate Net Internal Area (NIA):
Business Rates / Council Tax Band
Rateable Value (2023): £15,000
Future Rateable Value (2026): £15,250
EPC
We understand the property has an EPC rating of D (expiry date - 28 August 2026)
Legal Fees
Each party to bear their own legal costs incurred.
Brochures
54 London Road, Portsmouth, Hampshire, PO2 0LN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Portsmouth & Southsea Station1.2 miles
- Fratton Station1.3 miles
- Hilsea Station1.3 miles
About Flude Property Consultants, Portsmouth
Regus, 1000 Lakeside North Harbour, Western Road, Portsmouth, PO6 3ENNotes
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