153 Highland Road

At a glance

Key Points

• Prominent Southsea Location
• Ground Floor and Basement
• Front Apron
• Various Uses Considered (STP)
• Rear Loading
• Without Prejudice

Description

The property is a mid-terrace building which comprises of a ground floor demise with basement, which benefits from a large front apron. The premises has a kitchenette, w/c with basin and rear loading via a private road.

The ground floor commercial area is currently used for retail purposes and the basement is used for storage. The basement is only accessible from within the property, to the right hand side. Various uses will be considered (STP).

Available area

The accommodation comprises the following areas:

The Location

The property is situated in Southsea, Portsmouth, a major regional port and hub for commercial activity, forming part of the south coast conurbation between Brighton in the east and Bournemouth in the west. Highland Road is a short distance to the east of Albert Road, and less than half a mile from Southsea Seafront.

Terms

Available on a new Full Repairing Insuring Lease for a term to be agreed at a rent of £15,000 per annum.

The property is available from September 2025.

Business Rates

Rateable Value £7,300 - Source: VOA

The property 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 - £170 pa for the current policy term.
Legal Costs - Each party will be responsible for their own legal costs incurred in the transaction.
Unless otherwise states all rents and costs are exclusive of VAT.
VAT - It is understood that the property is not elected for VAT