Ground Floor Lock-Up Unit
Summary
- Prominent Southsea Location
- Class E Use
- Established Position in Elm Grove
- Popular Independent Retail Pitch
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground | 1,008 | 93.65 | Available |
| Lower Ground | 802 | 74.51 | Available |
| Total | 1,810 | 168.16 |
Location
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.
Get directions from Google Maps
Mainline Stations
-
Portsmouth and Southsea11 mins
-
Fratton14 mins
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Portsmouth Harbour19 mins
-
Hilsea56 mins
Underground Station
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Reading897 mins
-
Twyford933 mins
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Tadworth979 mins
-
Tattenham Corner991 mins
Further Information
Rent £20,000 per annum
Rates Payable Upon Enquiry
Service Charge £895.72 per annum
EPC Rating This property has been graded as C (64)
Description
63 Elm Grove, is a ground floor shop, currently configured to provide a retail sales area, toilet and storage space on the ground floor. There is also a basement level that offers retail potential as well, and was previously fitted out with beauty rooms.
The property benefits from a class E use class enabling it to be used as a shop, for professional or financial services such as an estate agent, or a café, restaurant, office or clinic.
Specifications
- Concrete floor
- Partial extract system
- 3 phase electric
- Fire System
- LED Lights
- CCTV system
- Electric shutter
- Airconditioning
Terms
Available on a new effective Full Repairing Insuring Lease for a term to be agreed at a commencing rent of £20,000 per annum exclusive.
Business Rates
Rateable Value - £10,750 (Source VOA).
* The premises may benefit from Small Business Rates Relief.
You are advised to make your own enquiries in this regard to the Local Authority before making a commitment to lease.
Other Costs
Building Insurance - £TBC (DATE)
Service charge - £895.72 for the current service charge year (DATE)
Each party to be responsible for their own legal costs incurred in the transaction.
VAT - It is understood the property is elected for VAT
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