Under Offer

208 Havant Road,
Drayton,
Hampshire

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Retail and Leisure

1,076 - 2,854 Sq Ft (99.96 - 265.14 Sq M)

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Features
  • Busy retail location and vehicular throughfare
  • Self-contained first floor one bedroom flat
  • Open plan sales area
  • Rear loading and parking
  • Lower ground floor storage 1,064 sq ft
  • New FRI lease available
  • Rent £25,000 pax
  • Nearby occupiers include The Co-Op, Kassia, Fry & Kent, Fine & Country, Betfred and C&Co Hairdressing

Location

Drayton is a popular residential suburb of Portsmouth, with excellent transport links and local facilities.

The property is situated on the southern side of Havant Road, a busy throughfare linking Cosham (M27) from the west and Farlington (A3/M27) from the east.
Nearby occupiers include The Co-Op, Kassia, Fry & Kent, Fine & Country, Betfred and C&Co Hairdressing.

Description

Class A3 Retail Unit
Ground Floor Sales Area 99.98 sq m (1,076 sq ft)

Accommodation

The property comprises a mid-terraced, two-storey building with a lower ground floor.

Internally, the ground and lower ground floors are configured as a restaurant/hot food takeaway. The first floor is arranged as a one bedroom flat, which is self-contained and independently accessed from the rear.
Externally, there is rear loading and parking for two vehicles.

We have measured and calculate the premises to have the following approximate floor areas:
Ground Floor - 99.98 sq m (1,076 sq ft)
Lower Ground Floor - 98.84 sq m (1,064 sq ft)
First Floor - 66.31 sq m (714 sq ft)
Total - 265.13 sq m (2,854 sq ft)

Planning

We understand that the premises benefit from Class A3 use within the Use Classes Order 1987 (as amended).

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

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 rent of £25,000 per annum exclusive.

Rateable Value / Council Tax Band

Rateable Value (2017): £15,000.

Following the Government's 2018 Autumn Budget, from April 2019 for the remaining 2 years of the current Rating List, all occupiers of retail units with a Rateable Value below £51,000 (including £50,500 but excluding £51,000), will receive a discount of 1/3 from their rates bill, subject to State Aid Limits (€200,000).

Energy Performance Rating

We understand the property has an EPC rating of C 75.

Sebastian Martin

023 9262 9007 Email