Bridge Shopping Centre, Fratton Road, Portsmouth, Hampshire

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Description

Flexible Terms Available
Total Size 3,291 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

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.

Interested parties should make their own planning enquiries and satisfy themselves in this regard.



VAT

We understand the property is registered for VAT.

Accommodation




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 D (76).

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: 3148 )