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AGENT'S DETAILS


Fratton Social Club, 35-37 Fratton Road, Portsmouth, Hampshire

For sale: POA|Healthcare, Hotels, Other, Land, Other Property Types & Opportunities, Licensed & Leisure, Commercial Land

PROPERTY DETAILS

FOR SALEPOA
ADDRESSFratton Social Club, 35-37 Fratton Road, Portsmouth, Hampshire
TYPEHealthcare, Hotels, Other, Land, Other Property Types & Opportunities, Licensed & Leisure, Commercial Land
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON9th February 2021

DESCRIPTION

Description

Mixed Use Development Opportunity


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.

The property is situated on the western side of Fratton Road, which is an established retail location and a densely populated suburb of Portsmouth. Fratton Train station is approximately a five minute walk away. Nearby occupiers include Asda, Iceland, Subway and Dominos.


Planning

Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The property comprises a large ground floor premises which has previously been used as a social club. The property comprises a front lounge and bar, rear lounge/bingo hall with bar, WCs, staff areas and storage.
There is also an associated house which is available by way of separate negotiation.
We have measured and calculate the accommodation to have the following approximate Gross Internal Area (GIA):
Description sq m sq ft
Ground Floor 880 9,460

Business Rates / Council Tax Band

Rateable Value (2017): £30,000.

EPC

We understand the property has an EPC rating of C(71).

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The property is available to let by way of a new full repairing and insuring lease for a term to be agreed at a commencing rent of £50,000 per annum exclusive.

Alternatively, we have been instructed to market the property with vacant possession and quote a price of £800,000 for the freehold interest subject to contract.

Anti-Money Laundering Regulations 2017

Due to Government legislation we are legally obliged to undertake Anti-Money Laundering checks on prospective purchasers on transactions which involve a capital value of 15,000 euros or more. We are also required to request
proof of funds. Further information available on request.
( Agency Pilot Software Ref: 3642 )

LOCATION

Location: Fratton Social Club, 35-37 Fratton Road, Portsmouth, Hampshire

Fratton (0.2 miles)

Portsmouth & Southsea (0.6 miles)

Portsmouth Harbour (1.3 miles)

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