High street retail property to lease
5 Palmerston Road, Southsea, Hampshire, PO5 3QQ
£20.18 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,354-3,002 sq ft
219-279 sq m
- SECTOR
High street retail property to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Prime retailing position in Southsea
- Situated on a busy busy pedestrianised High Street
- Thriving retail and leisure destination
- Substantial ground-floor retail unit, offering a generous open-plan sales area
- Practical ancillary accommodation, including storage space, staff facilities and W/C
- Quoting £47,500 per annum exlcusive
- New lease available, subject to vacant possession
- The area is a popular, established retail and leisure destination, with national and independent occupiers in the vicinity
- Including Specsavers, Costa, Greggs, Waitrose, Boots, TG Jones, Tesco Express, MyDentist and New Look
Description
The property comprises a substantial ground-floor retail unit, offering a generous open-plan sales area ideal for a wide range of occupiers. To the rear, the unit benefits from practical ancillary accommodation, including storage space, staff facilities and W/C. Externally, the premises enjoys convenient rear access and loading via a public car park, together with dedicated bin storage.
Location
The property is situated in the heart of Southsea in a prime retailing position on the estern side of Palmerston Road, which is fully pedestrianised. Palmerston Road, Osborne Road and Marmion Road form the main commercial centre of Southsea. The area is a popular, established retail and leisure destination, with national and independent occupiers in the vicinity including Specsavers, Costa, Greggs, Waitrose, Boots, TG Jones, Tesco Express, MyDentist and New Look.
The area benefits from a number of car parks nearby and on street parking available on various nearby streets, which makes it easy for shoppers.
Planning
We understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
VAT
Rents and prices are quoted exclusive of, but may be subject to VAT.
Accommodation
The accommodation has the following approximate Net Internal Area (NIA):
Business Rates / Council Tax Band
Ratable Value (2026): £37,000
Occupiers will pay approximately 38% of this per annum
All interested parties should make their own enquiries at
EPC
To be confirmed
Legal Fees
Each party to bear their own legal costs incurred.
Brochures
5 Palmerston Road, Southsea, Hampshire, PO5 3QQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Portsmouth & Southsea Station0.9 miles
- Fratton Station0.9 miles
- Portsmouth Harbour Station1.1 miles
About Flude Property Consultants, Portsmouth
Regus, 1000 Lakeside North Harbour, Western Road, Portsmouth, PO6 3ENNotes
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