Lock up shop available
Summary
- Located on busy road
- University quarter
- Modern Space
- Basement use
- May qualify for SBRR
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground | 350 | 32.52 | Available |
| Basement | 320 | 29.73 | Available |
| Total | 670 | 62.25 |
Location
The property is located in Portsmouth which has a substantial commercial hub and port situated along the south coast forming part of the expanding south coast conurbation.
The property is on the A3 and situated on Lord Montgomery Way a busy arterial road within Portsmouth leading from M275 to Southsea.
Get directions from Google Maps
Mainline Stations
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Portsmouth and Southsea5 mins
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Portsmouth Harbour12 mins
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Fratton17 mins
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Hilsea53 mins
Underground Station
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Reading891 mins
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Twyford928 mins
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Tadworth978 mins
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Tattenham Corner990 mins
Further Information
Rent £17,000 per annum
Rates Payable Upon Enquiry
Service Charge £1,380 per annum BI: £960
EPC Rating This property has been set as EPC exempt.
Reason: EPC has been commissioned, will be available in less than 28 days
Description
The property is a ground floor, mid terrace premises which consists of a ground floor sales area with W/C at the rear. There is also a basement with small kitchenette.
The property lends itself to various potential uses, including retail and office use (STP). However, the property prohibits the sale of alcohol, and would not be suitable for take-aways that require an extract. There is no parking with the property.
Local occupiers include Subway, Hideout coffee, Ibis, Greggs, and the University of Portsmouth.
Specifications
* Ground floor and Basement
* Part LED lights
* Concrete floor
* Gas boiler/heating
* Fire Alarm
* Vinal flooring
Terms
The property is available immediately to let on a new effective full repairing and insuring lease at a rent of £17,000 per annum, on terms to be arranged.
Business Rates
Rateable Value: £10,250 (Source - VOA)
You are advised to liaise with the local authority on your business rates requirements.
EPC
A new EPC has been commissioned and will be updated accordingly.
Other Costs
Service Charge - Currently £1,860 per annum
Buildings Insurance - Currently £617.32 per annum.
Legal Costs - Each party to bear their own costs incurred in the transaction.
VAT - It is understood that VAT is not applicable
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