ADDRESSUnit F3, Cumberland Business Centre, Northumberland Road, Southsea
TYPEOffice, Retail - High Street, Offices, Retail
POSTED ON18th November 2020
Well Located Office Accommodation Total NIA 64.23 sq m (691 sq ft)
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 in an established business location being in Cumberland Business Centre, Northumberland Road, which is a walking distance from Fratton Train Station and Southsea.
We understand that the premises benefit from Class B1(a) Office use within the Use Classes Order 1987 (as amended).
We understand that the property is not elected for VAT.
The accommodation comprises an office over ground and first floor, which benefits from lighting, fitted carpets, kitchenette and w/c facilities.
The property has an approximate NIA of 64 sq m (691 sq ft).
Business Rates / Council Tax Band
Rateable Value (2017): £8,300.
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 (97).
Each party to bear their own legal costs incurred.
The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £12,000 per annum.
The service charge and building insurance is approximately £1 psf.
We understand all existing furniture could be available subject to agreement with previous tenant for £1,000. An itinerary is available on request. ( Agency Pilot Software Ref: 3724 )