ADDRESSBridge Shopping Centre, Fratton Road, Portsmouth, Hampshire
TYPERetail - High Street, Retail
TENURETo Let, Under Offer
POSTED ON27th April 2021
Description
Description
Flexible Terms Available Total Size 3,133 sq ft
Location
Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network.
Bridge Shopping Centre is situated on the western side of Fratton Road at its junction with Somers Road North. Fratton railway station and Southsea is a short distance.
Nearby occupiers include Asda, Iceland, Subway and Dominos.
Planning
We understand that the units within the Bridge Centre benefit from a mixtures of uses including Class A1 and A2 uses within the Use Classes Order 1987 (as amended).
VAT
We understand the property is registered for VAT.
Accommodation
We have measured and calculate the accommodation to have the approximate Net Internal Area (NIA) of 3,133 sq ft.
Business Rates / Council Tax Band
Rateable Value (2017): £10,000.
As the RV is below £12,000 we believe 100% small business rate relief is possible.
EPC
We understand the property has an EPC rating of C (56).
Legal Fees
Each party to bear their own legal costs incurred.
Terms
The unit is available to let by way of a new internal repairing and insuring lease for a term of three years. The landlord requires a rolling break option on and after the 5th November 2020, subject to six months notice. The lease will be excluded from Part II of the Landlord and Tenant Act 1954. ( Agency Pilot Software Ref: 3147 )