1/6

There was an issue loading the gallery. Try to refresh the page.

36-38 Palmerston Road, Southsea, Portsmouth PO5 3QH

POA

There was an issue loading the content. Try to refresh the page.

Size

5,238

Tenure

Leasehold

EPC

Ask agent

Parking

Ask agent

There was an issue loading the content. Try to refresh the page.

Primary use: Restaurant

No floor / site plan

There was an issue loading the content. Try to refresh the page.

Key features

Mid terrace high street unit arranged over ground and first floor
Currently trading as a restaurant and is situated within an attractive retail parade
The unit has recessed frontage allowing for an outside customer seating area
The residential accommodation above is sold off long leasehold to Portsmouth Council

There was an issue loading the content. Try to refresh the page.

Description

Investment Summary
* Southsea is an affluent suburb of Portsmouth and a popular coastal resort.
* The property is situated in a central and prominent location on Palmerston Road, the town's main retail thoroughfare.
* Nearby occupiers include Waitrose, Specsavers, Boots, Tesco, Costa and Lloyds Bank.
* Let to Loungers UK Limited on a fifteen-year lease from 18/03/2019 and expiring 17/03/2034, subject to upwards only rent reviews every five years.
* Passing rent of £75,000 per annum.
* Attractive unexpired lease term of 9 years.

Price
Upon application.

There was an issue loading the content. Try to refresh the page.

Additional information

Service charge: Ask agent
Business rates: Ask agent
Use class: E
Listed building: Ask agent
Floors in building: 2

Leasehold: Ask agent

Tenure: Leasehold

Length of lease: Ask agent

Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Brochure

36-38 Palmerston Road, Southsea, Portsmouth PO5 3QH

NEAREST STATIONS

Portsmouth & Southsea Station

0.87 miles

Fratton Station

0.96 miles

Portsmouth Harbour Station

1.13 miles

Your search history

You have no recent searches

Disclaimer - Property reference 36PalmerstonRoadSouthseaPortsmouthPO53QH. 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 CBRE Limited (Bristol), CBRE Bristol - Industrial. 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.

There was an issue loading the content. Try to refresh the page.

36-38 Palmerston Road, Southsea, Portsmouth PO5 3QH

5,238

Leasehold

Key features

Description

Brochure

36-38 Palmerston Road, Southsea, Portsmouth PO5 3QH

Your search history

36-38 Palmerston Road, Southsea, Portsmouth PO5 3QH

5,238

Leasehold

Key features

Description

Download the Rightmove app

Resources

Search

Locations

Rightmove

Professional