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AGENT'S DETAILS


Unit 2, 12-14 West Street, Portchester, Fareham, Hampshire, PO16 9UZ

To rent: £30,000.00 Per Annum|2290 Sq Ft|Office, Retail - High Street, Leisure Property, Restaurants/Cafes, Other, Offices, Retail, Licensed & Leisure, Other Property Types & Opportunities

PROPERTY DETAILS

TO RENT£30,000.00 Per Annum
SIZE2290 Sq Ft
ADDRESSUnit 2, 12-14 West Street, Portchester, Fareham, Hampshire, PO16 9UZ
TYPEOffice, Retail - High Street, Leisure Property, Restaurants/Cafes, Other, Offices, Retail, Licensed & Leisure, Other Property Types & Opportunities
TENURETo Let
POSTED ON25th October 2020

DESCRIPTION

Description

Portchester is approximately 5 miles to the west of the city of Portsmouth and 3 miles east from the town of Fareham.

Access is via the A27 and junctions 10 and 11 (Port Solent) of the M27 motorway. Portchester Train Station is also within a 5 minute walk serving London Waterloo, London Victoria, Portsmouth and Southampton.

The retail units form part of a parade with pre-lets agreed to Tesco Express and Domino's on the neighbouring units.

The shopping precinct comprises independent and national occupiers including Superdrug, McColls, Iceland, BetFred and The Card Factory. The precinct benefits from a free car park located behind the subject premises via Jubilee Road.

Accommodation

Unit 2 - 212.75 sq m (2,290 sqft)
Unit 4 - 183.30 sq m (1,973 sq ft)
TOTAL - 396.04 sq m (4,263 sq ft)

Planning

Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquires of the local authority for confirmation.

EPC Text

Asset Rating - TBC

Rating

Rateable Value - To be assessed
Source www.voa.org.uk The 2020/2021 standard multiplier is 0.499 (4.99p payable per £1). The 2020/2021 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.

Terms

Available by way of new full repairing and insuring leases for terms to be agreed at initial rents of:
Unit 2: £30,000 per annum
Unit 4: £20,000 per annum
All rents are exclusive of rates, VAT (if applicable) and all other outgoings.

Consideration given for the long leasehold interest. Price on application.
( Agency Pilot Software Ref: 7050 )

LOCATION

Location: Unit 2, 12-14 West Street, Portchester, Fareham, Hampshire, PO16 9UZ

Portchester (0.2 miles)

Cosham (2.5 miles)

Fareham (3.1 miles)

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