£45,000 per annum

36-40 Middle Street

Southsea, PO5 4BP

The Space

MUSIC / DANCE STUDIO / OFFICE BUILDING

At a glance

Property Type Industrial / Leisure / Office / Other
Tenure To Let
Size 5,735 sq ft
Rent £45,000 per annum
Business Rates Upon Enquiry
Energy Performance Rating This property has been graded as C (67)

Portsmouth and Southsea
6 mins


Portsmouth Harbour
14 mins


Fratton
15 mins


Hilsea
53 mins


Reading
892 mins


Twyford
929 mins


Tadworth
978 mins


Tattenham Corner
990 mins


Key Points

  • Three Storey Building
  • City Centre Location
  • Off Street Garage Parking to the Rear
  • Suitable for a Variety of Uses (STP)
  • Currently fitted as a recording / music studios with offices

Description

The property currently consists of three storeys which comprises, music studios, dance studio, reception, common room and male & female w.c.'s on the ground floor. The first and second floors comprise offices / teaching rooms and kitchenettes on both floors. Alternative uses considered and subject to removal of the music studios and planning.

The property benefits from having off street garage parking to the rear, off Earlsdon Street.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground 3,827 355.54 Available
1st 1,270 117.99 Available
2nd 638 59.27 Available
Total 5,735 532.80

The Location

Middle Street is located in the heart of Portsmouth, very close to the city centre, Law Courts and University, having easy access onto Winston Churchill Road and routes in and out of the city.

The property is situated on the western side of Middle Street, approximately 100 metres from the intersection with Winston Churchill Road.

Terms

Available on a new full repairing and insuring lease for a term to be agreed at a rent of £45,000 per annum

Business Rates

Ground & First Floor - Rateable Value £29,750
Second Floor - Rateable Value £6,200

You are advised to make your own enquiries to the local authority before making any committment.

Other Costs

Legal Costs - Each party to bear their own costs incurred in the transaction.
VAT - Unless stated otherwise all costs & rents are exclusive of VAT.

£45,000 per annum