We use 'cookies' to ensure that we give you the best experience on our website and if you continue to use this site we will assume that you are happy with this. If you would like to know about 'what a cookie is' and how we look after your data privacy here, follow the 'Learn More' link to read our Privacy Notice.

Okay, I'm happy with that.    Learn More

105A Commercial Road
Portsmouth
Hampshire
PO1

Leasehold - £33,000 Per Annum

At A Glance

  • Central position close to public car parks, bus and rail stations
  • Well located within busy shopping area
  • Large student population within area
  • Ope plan sales area
  • Rear access and parking
  • Rent £33,000 pax
  • New FRI lease available
  • Nearby occupiers include Santander Building Society, Debenhams, Natwest, Greggs, STA Travel and Iceland

Location

Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network. The property is situated on the western side of Commercial Road, which is one of the main shopping areas within the city. Nearby occupiers include Santander Building Society, Debenhams, Natwest, Greggs, STA Travel and Iceland.

Description

Description

City Centre Retail Unit
Sales Area 83.00 sq m (893 sq ft)


Location

Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network.

The property is situated on the western side of Commercial Road, which is one of the main shopping areas within the city. Nearby occupiers include Santander Building Society, Debenhams, Natwest, Greggs, STA Travel and Iceland.

Planning

We understand that the premises benefit from Class A1 use within the Use Classes Order 1987 (as amended).

VAT

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

Accommodation

The building is Grade II listed with the accommodation arranged over two floors, plus a basement. Internally, the ground floor provides open plan retail space, together with storage/office space on the first floor and basement level.
There is rear loading and parking.

We understand the accommodation to have the following approximate floor areas:
Ground Floor Sales Area - 83.00 sq m (893 sq ft)
First Floor - 42.70 sq m (460 sq ft)
Basement - 26.40 sq m (284 sq ft)
Total - 152.10 sq m (1,637 sq ft)

Business Rates / Council Tax Band

Rateable Value (2017): £31,000.

Following the Government's 2018 Autumn Budget, from April 2019 for the remaining 2 years of the current Rating List, all occupiers of retail units with a Rateable Value below £51,000 (including £50,500 but excluding £51,000), will receive a discount of 1/3 from their rates bill, subject to State Aid Limits (€200,000).

EPC

We understand the property has an EPC rating of D(87).

Legal Fees

The new tenant will be required to contribute to the cost of forming the new lease.

Terms

The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £33,000 per annum exclusive.

Key Contacts:

Email:

s.martin@flude.com

Telephone:

023 9262 9007

Back to Search Results