Ground Floor Retail Unit Total NIA 33.37 sq m (359 sq ft)
Gosport is located on the south coast approximately 3 miles south west of Portsmouth, 6 miles south east of Fareham and 15 miles south east of Southampton. Gosport links directly to Portsmouth via a pedestrian ferry that runs throughout the day with a journey time of 4 minutes. The A32 is the arterial route to Gosport and provides good access to the M27 at junctions 10 and 11, which in turn links to the M3 at Southampton and the A3(M) at Havant.
The property is situated on the eastern side of Bemisters Lane, which is just south of High Street. Nearby occupiers include Boots, Gosport Health Foods, Scriven's Opticians and Hearing Care, Halifax and Clarks.
We understand that the premises benefit from Class A1 use within the Use Classes Order 1987 (as amended).
We understand that the property is not elected for VAT.
We have measured and calculate the accommodation to have the following approximate Net Internal Area (NIA):
Sales Area - 29.34 sq m (316 sq ft) Kitchen - 4.03 sq m (43 sq ft) Total NIA - 33.37 sq m (359 sq ft)
Business Rates / Council Tax Band
Rateable Value (2017): £7,000.
As the RV is below £12,000 we believe 100% small business rate relief is possible.
We understand the property has an EPC rating of C.
Each party to bear their own legal costs incurred.
We have been instructed to market the property for sale at a guide price of £70,000 subject to contract.
Alternatively, the landlord would consider letting the property for a term to be agreed at an initial rent of £5,500 per annum exclusive. ( Agency Pilot Software Ref: 3451 )