4-8 Marmion Road, Southsea, Hampshire, PO5 2BA
Size
914
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, Takeaway, Restaurant, Other leisure
- Frontage
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No floor / site plan
Key features
- Southsea is a vibrant and well-established coastal district situated within the city of Portsmouth
- Within the main commercial centre of Southsea
- Open plan ground floor retail unit
- To Let - £24,000 per annum exclusive
- For Sale - £300,000 subject to contract
- No VAT
- National and independent occupiers in the vicinity including Specsavers, Costa, Waitrose, Boots, WH Smiths, Tesco Express and New Look
- Asset management opportunity with potential to develop above the retail unit, subject to the necessary planning consents
- BLOCK VIEWING - FRIDAY MORNING 17TH JULY 10AM-12PM
Description
The subject property comprises a single-storey ground floor corner retail unit, providing open-plan sales accommodation. To the rear of the premises is a kitchenette and WC. The unit is suitable for a variety of uses falling within Use Class E.
Location
Southsea is a vibrant and well-established coastal district within the city of Portsmouth, Hampshire. Renowned for its strong mix of independent retailers, restaurants, cafés and leisure facilities, Southsea benefits from a substantial residential catchment and a thriving visitor economy, particularly during the summer months.
The property occupies a prominent corner position on Marmion Road at its junction with Grove Road South, just a short distance from Palmerston Road, which forms the principal commercial thoroughfare within Southsea town centre. The area is a well-established retail and leisure destination, attracting both national and independent occupiers. Nearby retailers include Specsavers, Costa Coffee, Waitrose, Boots, WHSmith, Tesco and New Look.
The area benefits from several public car parks and on-street parking provision within the immediate vicinity, providing convenient access for shoppers and visitors.
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 (2026): £23,750
Occupiers will pay approximately 38% of this per annum.
EPC
We understand the property has an EPC rating of C (expiry date - 20/12/2033).
Legal Fees
Each party to bear their own legal costs incurred.
AML
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.
- 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
4-8 Marmion Road, Southsea, Hampshire, PO5 2BA
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 10468LH. 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.