No longer on the market
This property is no longer on the market
MapRetail property (high street)
Let agreed
Retail property (high street)
1061
Features and description
- Modern Premises
- Prominent Position
- Kitchen and Toilet Facilities
- Close to Southsea Town Centre
- Variety of uses considered (STP)
The property comprises a modern ground floor retail unit with partitioned meeting/storage rooms, a toilet with basin, and a kitchen with rear pedestrian access. The property benefits from a prominent frontage onto Elm Grove.
The property benefits from a Class E use class enabling it to be used as a shop, professional or financial services (such as an estate agent), office, clinic, or a café. The property also benefits from 3-phase power.
The property is situated in Southsea in Portsmouth a major regional port and hub for commercial activity, forming part of the south coast conurbation. Elm Grove is situated on the edge of Southsea with Victoria Road North/ South to the east and Kings Road to the west.
Local occupiers include Tesco Express, Debra, Honest Politician, Bread Addiction, Scoops, and Huis.
Available on a new effective Full Repairing Insuring Lease for a term to be agreed at a commencing rent of £18,500 per annum exclusive.
Rateable Value - £12,750 (Source VOA).
You are advised to make your own enquiries in this regard to the Local Authority before making a commitment to lease.
Service charge and Building Insurance - currently £935 per annum
Each party to be responsible for their own legal costs incurred in the transaction.
Unless otherwise stated all costs are exclusive of VAT
VAT - Applicable
The property benefits from a Class E use class enabling it to be used as a shop, professional or financial services (such as an estate agent), office, clinic, or a café. The property also benefits from 3-phase power.
The property is situated in Southsea in Portsmouth a major regional port and hub for commercial activity, forming part of the south coast conurbation. Elm Grove is situated on the edge of Southsea with Victoria Road North/ South to the east and Kings Road to the west.
Local occupiers include Tesco Express, Debra, Honest Politician, Bread Addiction, Scoops, and Huis.
Available on a new effective Full Repairing Insuring Lease for a term to be agreed at a commencing rent of £18,500 per annum exclusive.
Rateable Value - £12,750 (Source VOA).
You are advised to make your own enquiries in this regard to the Local Authority before making a commitment to lease.
Service charge and Building Insurance - currently £935 per annum
Each party to be responsible for their own legal costs incurred in the transaction.
Unless otherwise stated all costs are exclusive of VAT
VAT - Applicable
Property information from this agent
About this agent
Holloway Iliffe & Mitchell - Portsmouth
10, Acorn Business Park
Portsmouth, Hampshire
PO6 3TH
023 9211 0073Holloway Iliffe & Mitchell is an independent firm of chartered surveyors and commercial & industrial property consultants, having considerable market knowledge and awareness in all aspects of the commercial market along the south coast, particularly the M27 corridor and surrounding conurbations. The three directors each have specialised knowledge within the professional, agency and development sectors. This includes management, to incorporate industrial/warehousing, offices, retail, investments and development.