Office

Description
The subject property comprises a detached landmark office constructed in the 1970’s of concrete frame with brick tiles and glazed elevations. The property is configured into two separate wings East and West with communal toilets and three (12 person / 900 kg) lifts servicing all floors. The West Wing provides office accommodation from the 1st to 9th floor and the East wing provides office accommodation from the 1st to 5th floor. The wings sit beneath flat roofs.

The property totals 66,546 sq ft (Net Internal Area) and sits on a self-contained site of 1.3 acres, there are 113 surface level and 98 under croft car parking spaces, this equates to 211 spaces in total.

Location
Portsmouth is a major city situated on the central south coast, with a district population of approximately 205,056 persons (2011 Census), forming part of the wider Solent conurbation. Known historically as a naval base and commercial port, the city has established a considerable high technology light industrial base, with major employers including Portsmouth University, BAE Systems and Airbus Defence & Space.

In recent years, Portsmouth has undergone major transformation and regeneration in a bid to attract alternative industries and promote itself as a commercial and leisure destination.

The property is located at the foot of the M275 on the northern fringe of Portsmouth City Centre and 1.5 miles from the M27. Portsmouth and Southsea Train Station is located approximately 1.3 miles to the south of the property and the Continental Ferry Port is opposite to the west.

AML
In accordance with regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

VAT
The property is elected for VAT, therefore VAT will be chargeable on the purchase price.

Dataroom
Further information relating to the property can be found in the dataroom - for access please contact Mary Pearson - [use Contact Agent Button]