Well Located Class E Premises
Total Size 409 sq m (4,404 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 on the southern side of Edinburgh Road, which is next to one of the main shopping areas within the city. Nearby occupiers include Barclays Bank, Greggs, Iceland and Debenhams.
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.
Rents and prices are quoted exclusive of, but may be subject to VAT.
The property has the following approximate NIA:
Area Sq M Sq Ft
Ground Floor Sales Area 214 2,304
Ground Floor Office 25 267
First Floor Office 67 717
Second Floor Office 104 1,115
Total NIA 400 4,404
Business Rates / Council Tax Band
Rateable Value (2017): £38,500
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (email@example.com).
We understand the property has an EPC rating of D (95).
Each party to bear their own legal costs incurred.
The property is available by assignment of existing full repairing and insuring lease, which due to expire December 2023. The passing rent is £44,000 per annum exclusive.
( Agency Pilot Software Ref: 3817 )