ADDRESS18 West Street, Portchester, Hampshire, PO16 9UZ
TYPEOffice, Retail - High Street, Healthcare, Leisure Property, Restaurants/Cafes, Offices, Retail, Other Property Types & Opportunities, Licensed & Leisure
TENURETo Let
POSTED ON15th April 2023
Description
Description
Two Storey Retail Unit on Pedestrianised High Street Sales Area 103.75 sq m (1,117 sq ft)
Location
Portchester is located within the borough of Fareham and situated approximately four miles north west of Portsmouth. The locality benefits from excellent road communications, being situated at Junction 12 of the M27, which links to the M3 and A3(M) and provides access to London and the wider national motorway network.
The property is situated on the pedestrianised walkway from the main public car leading into West Street, which is the main shopping district of Portchester. Nearby occupiers include Dominos, Tesco, Red Lion and Iceland.
Planning
Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.
VAT
We understand that the property is not elected for VAT.
Accommodation
The property comprises an end-terrace retail unit. Internally, there is an open plan sales area with first floor ancillary, W/C and kitchenette. The property benefits from rear loading and servicing with a secure gated pedestrian access.
We have measured and calculated the accommodation to have the following approximate Net Internal Area (NIA):
Description sq msq ft Ground Floor Sales Area103.751,117 Office18.23196 Storage20.66222 First Floor Storage51.63556 Total NIA194.262,091
Business Rates / Council Tax Band
Rateable Value (2017): £17,000 Future Rateable Value (2023): £18,500
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
Each party to bear their own legal costs incurred.
Terms
The property is available to let by way of a new Full Repairing and Insuring lease for a term to be agreed at a commencing rent of £20,000 per annum exclusive.
There is a service charge. Costs to be confirmed. ( Agency Pilot Software ref: 4320 )
