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122-124 London Road,
Retail and Leisure, D1 and Other
2,805 Sq Ft (260.58 Sq M)
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 on the eastern side of London Road, close to its junction with Stubbington Avenue in North End. The area is an established retail location and a densely populated suburb of Portsmouth. Nearby occupiers include Cubit & West, Tesco Express, Leaders and Porto Grill.
Modern Corner Retail Premises
Size 260.61 sq m (2,805 sq ft)
The accommodation comprises a mainly open plan ground floor retail unit, with ancillary space to the rear, along with a kitchenette, and WC's.
We have measured and calculate the accommodation to have an approximate Net Internal Area (NIA) of 260.61 sq m (2,805 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 £23,000 per annum exclusive.
Rateable Value / Council Tax Band
Rateable Value (2017): £29,500.
Rateable Value (2023): £26,250.
Energy Performance Rating
We understand the property has an EPC rating of C.