85-87 Albert Road,
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D1 and Other, Industrial and Warehouse, Retail and Leisure
1,675 Sq Ft (155.61 Sq M)
- Central location within Southsea
- Busy and popular retail location
- Ground floor unit with open plan sales area
- Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses
- New EFRI lease available
- Rent £32,500 pax
- Nearby occupiers include Wine Vaults, Porters, Lord John Russell, Bored of Southsea and Gin & Olive
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 located in the busy and popular Southsea area within Portsmouth, on the northern side of Albert Road at its junction with Goodwood Road.
Occupiers on Albert Road include The Kings Theatre Wine Vaults, Porters, Lord John Russell, Bored of Southsea and Gin & Olive.
Prominent Class E Premises
Total Sales Area 155 sq m (1,675 sq ft)
The accommodation forms part of a prominent corner building, which benefits from a glazed return frontage. Internally, the unit provides open plan retail space over ground floor.
The accommodation has an approximate NIA of 155 (1,675 sq ft).
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.
Each party to bear their own legal costs incurred.
The accommodation is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a rent of £32,500 per annum.
Rateable Value / Council Tax Band
Rateable Value (2017): £21,500.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (email@example.com).
Energy Performance Rating
We understand the property has an EPC rating of C (61).
For further information or to arrange a viewing, please contact:
023 9262 9007