54 London Road, Portsmouth, Hampshire, PO2 0LN
Size
1,331
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, High street retail, Restaurant, Other leisure
- Frontage
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Key features
- Well-established retail destination within a densely populated suburban district
- High footfall location
- Open plan commercial unit
- 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. A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO uses that were categorised under the former UCO as A4, A5 and some D2 uses (cinemas, concert halls, bingo halls and dance halls) are now regarded as a Sui Generis use. We therefore understand that the use of the subject premises is a Sui Generis use.
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 (2026): £15,250
Occupiers will pay approximately 38% of this per annum.
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.
- 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
54 London Road, Portsmouth, Hampshire, PO2 0LN
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 8268LH. 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.