Open Plan Office - For Sale / To Let

 

Summary

  • For Sale / To Let
  • Potential for Conversion Subject to Planning
  • Easy access to motorway network/ City Centre
  • Open plan offices
  • Comfort cooling
  • Kitchenette
  • Passenger Lift
  • Secure car parking

Accommodation

The accommodation comprises of the following approximate floor areas:

NameSq ftSq mTenureAvailability
Unit - Ground Floor Suite 1 1,406 130.62 To let Available
Unit - Ground Floor Suite 2 1,112 103.31 To let Let
Unit - First Floor 2,742 254.74 To let Available
Unit - Second Floor 2,742 254.74 To let Available
Unit - Third Floor 2,742 254.74 To let Available
Total10,744998.15  
Fairfield House - 1.jpg

Location

Fairfield House is a modern four storey office building located in the North End area of Portsmouth on Kingston Crescent a short distance from the M275 Rudmore roundabout and the Continental Ferry Port. The property is at the northern fringe of Portsmouth City Centre and 1.5 miles from the M27. Kingston Crescent provides a polarisation of commerce owing to its excellent accessibility by both public and private transport combined with it being situated equidistant from the motorway and prime shopping area. Transport links and retail facilities nearby provide a strong attraction to a workforce. Portsmouth railway station is within 1.5 miles from the property and the Continental Ferry Port is approximately 150 yards away. Commercial Road and the Cascades shopping precinct are approximately 1 mile to the south.

Get directions from Google Maps

Further Information

Price £1,750,000

Rent £16 per sq ft

Rates Payable £136,500 (whole building)

Service Charge TBC

EPC Rating This property has been graded as D (87)


Description

Fairfield house is a modern four storey prominent office building with front access from Kingston Crescent with car park access off Heathfield Road via a security gate. The first floor has recently been refurbished to a modern standard with suspended ceilings, comfort cooling, floor boxes, data trunking and kitchenette facilities.

Viewings

Strictly by prior appointment.

Terms

The suites are availiable to let on terms to be agreed at commencing rentals of £16.00 per sq ft per annum exclusive. Alternativley, the offices are availiable for sale freehold at a guide price of £1,750,000 exclusive and subject to one occupational lease of Suite 2 to St John Ambulance.

Business Rates

Rateable Value: £136,500 (whole building). You are advised to check the rate payable with the local council before making a commitment.

Other Costs

Each party to be responsible for their own legal cost incurred in the transaction. A service charge is applicable. Unless stated, all prices and rents are quoted exclusive of VAT.

Occupational Lease

Suite 2 is let to St John Ambulance on a 5 year lease commencing on the 19th April 2021 at a commencing rent of £22,500 pax. The lease is subject to a mutual break option on the 18th April 2024.