3-4 The Precinct
South Street, Gosport, PO12 1HAThe Space
GROUND & FIRST FLOOR LOCK-UP SHOP
At a glance
| Property Type | Leisure / Office / Restaurant / Retail |
| Tenure | To Let |
| Size | 1,028 sq ft |
| Rent | £15,000 per annum |
| Business Rates | £3,293.40 per annum |
| Service Charge | £1,742.83 per annum BI: £1,726.23 |
| Energy Performance Rating | This property has been graded as C (54) |
Portsmouth Harbour
13 mins
Portsmouth and Southsea
27 mins
Fratton
41 mins
Hilsea
70 mins
Reading
895 mins
Twyford
934 mins
Tadworth
996 mins
Tattenham Corner
1008 mins
Key Points
- Located Within Gosport Town Centre
- Shared Car Park
- Close To Ferry Terminal Leading To Portsmouth
- Other Uses Considered (STP)
Description
The Precinct comprises various units with ground floor retail areas, with units fronting South Street having first floor accommodation and the units within the Parade being single storey lock up units.
Units 3-4 have been combined to provide a lock-up shop unit, benefiting from double frontage, with accommodation over ground and first floors and with the benefit of ladies and gents WCs.
The premises have most recently been trading as a office, and prior was a café / restaurant, however, alternative uses are considered, subject to the necessary planning consents. The potential exists to re-instate / sub-divide to create two smaller units. Quoting rents for individual units on application.
Available area
The accommodation comprises of the following
| Name | sq ft | sq m | Tenure | Availability |
|---|---|---|---|---|
| Ground | 591 | 54.91 | To Let | Available |
| 1st | 437 | 40.60 | To Let | Available |
| Total | 1,028 | 95.51 |
The Location
The Precinct is situated in the heart of Gosport, accessed via South Street which in turn links with Privett Road to the west and the A32 to the north which will ultimately lead to the M27 which links to Southampton to the west and Portsmouth to the east.
Terms
£15,000 per annum exclusive of VAT.
Available on a new full repairing and insuring lease for a term to be agreed.
Business Rates
Rateable Value: £6,600. Source: voa.gov.uk
The above calculations are based on the following limitations:
• Small business rate relief applies only to occupied properties.
• A percentage reduction in your rates bill only applies if you only occupy one property.
You are advised to confirm the rates payable with the local council before making a commitment.
Other Cost
A service charge is payable to cover costs such as maintenance and repair of common parts landscaping management fees. The current cost is £1,742.83 pa.
Additionally building insurance is also payable, currently £1,726.23 pa
Each party to be responsible for their own legal costs incurred in the transaction.
Unless stated, all prices and rents are quoted exclusive of VAT.
VAT is applicable.
