181 Albert Road, Southsea, Hampshire, PO4 0JT
Size
719
Lease length
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EPC
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Parking
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- Price per
- Primary use
- High street retail
- Other use(s)
- Healthcare, Takeaway, Restaurant, Pub
- Frontage
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Key features
- Southsea is vibrant and well-established
- Albert Road is a diverse commercial thoroughfare
- Single retail unit on the ground floor
- Small rear garden
- Suit a variety of uses within Class E
- Rent - £17,500 per annum
- New effectively FRI lease available
- The occupier may be entitled to 100% Small Business Rate relief
- Nearby occupiers include Tesco Express, Sainsbury's Local, Pad Thai Southsea and Age UK
- Property being refurbished.
Description
The property comprises a ground floor retail unit, with ancillary to the rear. The premises is currently undergoing a programme of refurbishment and will be finished to a white box with new ceiling, lighting and flooring throughout.
There is also a courtyard area.
Location
The property is located in the busy and popular Southsea area within Portsmouth, on the northern side of Albert Road close to its junction with Francis Avenue.
Nearby occupiers include Tesco Express, Sainsbury's Local, Pad Thai Southsea and Age UK.
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 that the property is not elected for VAT.
Accommodation
The accommodation has the following approximate Net Internal Area (NIA):
Business Rates / Council Tax Band
Rateable Value (2026): £7,700
The occupier may be entitled to 100% Small Business Rate relief.
Council Tax Band: A
EPC
To be confirmed.
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.
- Let type
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- Let contract length
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- Status
- Available
- Service charge
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- Business rates
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- Use class
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
181 Albert Road, Southsea, Hampshire, PO4 0JT
About FLUDE GROUP LTD, Portsmouth
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.
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Disclaimer - Property reference 7572LH. 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 GROUP LTD, 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.