TYPERetail - High Street, Healthcare, Leisure Property, Restaurants/Cafes, Retail, Other Property Types & Opportunities, Licensed & Leisure
TENURETo Let
POSTED ON30th April 2022
Description
Description
Class E Premises Sales Area 92.23 sq m (993 sq ft)
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.
Nearby occupiers include Specsavers, Aldi, Lidl, Barnardo's, and Peacocks..
Planning
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.
VAT
The property is not registered for VAT.
Accommodation
The property comprises a self-contained retail unit with open plan sales area on the ground floor and first floor storage.
The property has the following approximate NIA:
Area Sq M Sq Ft Sales Area 92.23 993 First Floor 51.57 555 Total 143.80 1,548
Business Rates / Council Tax Band
Rateable Value (2017): £12,500.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).
EPC
We understand the property has an EPC rating of D.
Legal Fees
A contribution to the landlords legal fees will be required. ( Agency Pilot Software ref: 4097 )