To Let

1-3 Palmerston Road,
Southsea,
Hampshire,
PO5 3QQ

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D1 and Other, Offices, Retail and Leisure

1,453 Sq Ft (134.98 Sq M)

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Features
  • Central location in Southsea
  • Thriving retail and leisure destination
  • Fully pedestrianised shopping precinct
  • Would suit a variety of uses
  • Public car park nearby
  • New FRI lease available
  • Rent £40,000 pax
  • Nearby by occupiers include Lloyds Bank, Holland and Barrett, Greggs and Tesco Express

Location

Osborne Road, Palmerston Road and Marmion Road form the main commercial centre of Southsea. The area is a popular, established retail and leisure destination, with national and independent occupiers in the vicinity.

The property is situated on the eastern side of Palmerston Road which is fully pedestrianised. There is also a public car park near the property.

Nearby by occupiers include Lloyd Bank, Holland and Barrett, Greggs and Tesco Express.

Description

Class E Premises
Total NIA - 134.95 sq m (1,453 sq ft)

Accommodation

The accommodation comprises a self-contained ground floor and first floor retail unit which provides open plan area.

The property has the following approximate NIA:

Area Sq M Sq Ft

Ground Floor 82.00 883

First Floor 52.95 570

Total 134.95 1,453

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

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 (effectively) full repairing and insuring lease, subject to vacant possession, for a term to be agreed at a commencing rent of £40,000 per annum exclusive.

Rateable Value / Council Tax Band

Rateable Value (2017): £32,750.

Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).

Energy Performance Rating

We understand the property to have an EPC rating of E (46).

Alice Masterman

023 9262 9000 Email

Sebastian Martin

023 9262 9007 Email