The premises occupy a prominent and accessible location in Central Portsmouth, adjacent to Portsmouth & Southsea Railway Station, and in close proximity to Guildhall Square, the offices of Portsmouth City Council and Premier Inn Hotel.
Portsmouth city centre is situated in the south coast of Hampshire, with good road connections with London and Portsmouth.
The prime retail area of Portsmouth, Commercial Road is nearby.
The property comprises ground floor retail premises in a three-storey building and benefits from the following –
- Suspended ceiling
- Air conditioning
- Loading area
We are instructed to market this retail unit on a new Effective Full Repairing and Insuring Lease for a term to be agreed at the commencing rental of £35,000 per annum exclusive.
A service charge of the fair proportion of the building and insurance will be payable.
All prices quoted are exclusive of VAT. VAT is payable.
Shop: : £50,500 (Source: VOA)
Each party to be responsible for their own legal costs incurred in this transaction.