£54,000 per annum 3 Year Lease

98 London Road

Portsmouth, PO2 0LZ

The Space

Retail / Showroom Premises

At a glance

Property Type Retail
Tenure To Let
Size 8,217 sq ft
Rent £54,000 per annum 3 Year Lease
Business Rates £34,410 per annum
Energy Performance Rating This property has been graded as C (56)

Hilsea
24 mins


Portsmouth and Southsea
26 mins


Fratton
27 mins


Portsmouth Harbour
35 mins


Reading
862 mins


Twyford
898 mins


Tadworth
950 mins


Tattenham Corner
962 mins


Key Points

  • Large Shop Front
  • Prominent Position
  • Open Plan Sales Area
  • Rear Access and Loading

Description

The property comprises an open plan ground floor retail / showroom behind a fully glazed frontage plus office and ancillary staff room and w.c. facilities.

Rear loading and access is available via the neighbouring public car park which leads into Stubbington Avenue.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground - Retail / Showroom 8,217 763.38 Available
Total 8,217 763.38

The Location

The premises occupy a prime position in the centre of the retailing district of North End and is surrounded by other national occupiers including Iceland, Betfred, Greggs, Subway, Costa Coffee and Lidl Supermarket.

London road leads north towards the A27 and M27 motorway network with easy access to Chichester and Southampton and south towards Portsmouth City Centre and Southsea.

Specifications

Open Plan Layout
Large Glazed Shop Front
Shop Depth 37m
Floor to Ceiling Height 3.82m
Rear Access and Loading
Rear Staff Room and 3 x WCs

Terms

Available by way of a new full repairing & insuring lease to be outside the Landlord & Tenant Act 1954 for a term of 3 years at a rent of £54,000 per annum.

Business Rates

Rateable Value £62,000

You are advised to make your enquiries to the local authority before making a comittment to lease.

Other Costs

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

£54,000 per annum 3 Year Lease