ADDRESSBeacon House, Unit B3, Second Floor, Northumberland Road, Southsea
TYPEOffice, Retail - High Street, Offices, Retail
TENURETo Let, Under Offer
POSTED ON9th February 2021
Well Presented Office Suite NIA 56 sq m (609 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.
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.
We understand the property is registered for VAT.
The accommodation comprises a self-contained, open plan second floor office suite with a NIA of 56 sq m (609 sq ft). The unit benefits rom a kitchenette, WC and two parking spaces.
Business Rates / Council Tax Band
Rateable Value (2017): £5,3000.
As the RV is below £12,000 we believe 100% small business rate relief is possible.
To be confirmed.
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 £8,000 per annum exclsuive.
Service charge and buildings insurance is payable. ( Agency Pilot Software Ref: 3744 )