FLUDE GROUP LTD, Portsmouth

23 West Street, Portchester, Fareham, Hampshire, PO16 9XB

£1,250

Size

756

Lease length

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EPC

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Parking

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Price per
£19.84 pa
Primary use
High street retail
Other use(s)
High street retail
Frontage
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No floor / site plan

Key features

  • Well located within Portchester
  • Free parking in Portchester
  • Open plan sales area
  • Kitchenette and WC facilities
  • Rent £15,000 pax
  • Guide Price £150,000 stc
  • Sold with vacant possession
  • Nearby occupiers include Superdrug, Iceland, Costa and Tesco Express

Description

Description

The property comprises the ground floor of a two-storey, mid-terrace building.

Internally, the property comprises a single-storey lock-up shop. It is generally arranged as sales area, although there is a small kitchenette and staff WC positioned behind a partition wall to the rear.

To the rear of the building is a concrete-covered car parking and loading area.

Location

Portchester is located within the borough of Fareham and situated approximately four miles north west of Portsmouth. The locality benefits from excellent road communications, being situated at Junction 12 of the M27, which links to the M3 and A3(M) and provides access to London and the wider national motorway network.

The property occupies a prominent position on the northern side of West Street, which is the main shopping district of Portchester and fully pedestrianised. Nearby occupiers include Superdrug, Iceland, Costa and Tesco Express.

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

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The accommodation has an approximate Net Internal Area (NIA) of 756 sq ft (70.23 sq m).

Business Rates / Council Tax Band

Rateable Value (2026): £12,000

Occupiers will pay approximately 38% of this per annum.

EPC

We understand the property has an EPC rating of C-64 (expiry date - 5 September 2029).

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.
FLUDE GROUP LTD, Portsmouth

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Additional information
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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Energy performance certificate: Ask agent

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

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

23 West Street, Portchester, Fareham, Hampshire, PO16 9XB

NEAREST STATIONS

National Rail

Portchester Station

0.16 miles

National Rail

Cosham Station

2.53 miles

National Rail

Fareham Station

2.97 miles

About FLUDE GROUP LTD, Portsmouth

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 11051LH. 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.