Ground floor lock-up shop
Summary
- West side of Albert Road
- Popular retail, student and residential location
- Prominent Southsea Location
- Multiple Use Considered (STP)
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Unit | 355 | 32.98 | Available |
| Total | 355 | 32.98 |
Location
Albert Road is situated in the heart of Southsea with Victoria Road North to the west and Eastney Road to the east, via Highlands Road. The subject premises are situated on the west side of Albert Road.
The property is located a short distance from the King's Theatre and nearby occupants consisting of a mixture of national chain retailers and independent specialist shops.
Get directions from Google Maps
Mainline Stations
-
Fratton13 mins
-
Portsmouth and Southsea16 mins
-
Portsmouth Harbour25 mins
-
Hilsea57 mins
Underground Station
-
Reading900 mins
-
Twyford935 mins
-
Tadworth977 mins
-
Tattenham Corner990 mins
Further Information
Rent £10,000 per annum
Rates Payable Upon Enquiry
Service Charge £360 per annum BI: £431.75
Estate Charge n/a
EPC Rating This property has been graded as C (66)
Description
1 Albert Road, a ground floor lock-up shop is currently configured to provide an open plan retail area.
Currently the property has E Class however, it is also suitable for alternative uses subject to obtaining any necessary planning consents.
Terms
Guide Rent: £10,000 per annum.
Available on a new effective full repairing and insuring lease for a term to be agreed.
Business rates
Rateable Value: £5,100 pa.
You are advised to check the rates payable with the local council before making a commitment.
*Small Business Rates Relief of 100% is available for ratepayers occupying a single property with a rateable value up to and including £12,000 from 1 April 2017.
Other Costs
Each party to be responsible for their own legal costs incurred in the transaction.
Service Charge - £360 pa
Building Insurance - £431.75 pa
We understand that the property is NOT elected for VAT.
Downloads
Gallery
