Property Information
Address: 19 Albert Road, Southsea , PO5 2SE
Price: Rent: £9,750 Per Annum
Size: 439 sq ft41 sqm
Primary Category: Shop
All Categories: Leisure, Office, Shop, Healthcare,
Property Ref/Movehut: MH642762
Property Ref/Agent: 3696
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: January 25, 2021
Property description
Description
Lock-Up Shop
NIA 40.82 (439 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 located in the busy and popular Southsea area within Portsmouth, on the northern side of Albert Road close to its junction with Victoria Road South.
Nearby occupiers include Wine Vaults, Porters, Lord John Russell, Bored of Southsea, Wine Vaults and the Kings Theatre.
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E ‘Commercial Business and Service’ use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
VAT
We understand the property is registered for VAT
Accommodation
The property has an approximate NIA of 40.82 sq m (439 sq ft).
Business Rates / Council Tax Band
Rateable Value (2017): £7,900.
As the RV is below £12,000 we believe 100% small business rate relief is possible.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green ().
EPC
We understand the property to have an EPC rating of C (63).
Legal Fees
Each party to bear their own legal costs incurred.
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 rent of £9,750 per annum.
Central location within Southsea
Busy and popular retail location
Open plan sales area
Roller shutter security grill
100% business rate relief possible
New FRI lease available
Rent £9,750 pax
Nearby occupiers include Rowlands, Garbos Hair, Bored of Southsea, Wine Vaults and the Kings Theatre
