248C Commercial Road,
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D1 and Other, Offices, Retail and Leisure
1,618 Sq Ft (150.31 Sq M)
- Suitable for a variety of uses (stp)
- Well located within Portsmouth city centre
- Sales area 864 sq ft
- Central position close to public car parks, bus and rail stations
- New FRI lease available
- Rent £30,000 pax
- Nearby occupiers include Subway, KFC, Specsavers, Argos, Flannels and Cascades shopping centre
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 eastern side of Commercial Road, which is one of the main shopping areas within the city. Nearby occupiers include, Subway, Argos, Specsavers, KFC and Cascades shopping centre.
City Centre Class E Premises
Total NIA - 150.32 sq m (1,618 sq ft)
The property comprises a three storey terraced building. Internally, the ground floor provides open plan sales area with two floors of ancillary space above, which include a kitchenette and WCs.
The property has the following approximate NIA:
Sales Area - 80.27 sq m (864 sq ft)
First Floor Ancillary - 53.70 sq m (578 sq ft)
Second Floor Ancillary - 16.35 sq m (176 sq ft)
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
We understand that the property is elected for VAT.
Each party to bear their own legal costs incurred.
The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £30,000 per annum exclusive.
Rateable Value / Council Tax Band
Rateable Value (2017): £38,000.
Future Rateable Value (2021): £24,000.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (firstname.lastname@example.org).
Energy Performance Rating
We understand the property to have an EPC rating of C (74).