To Let
Kingswell Path,
Cascades Shopping Centre,
Commercial Road,
Portsmouth,
Hampshire,
PO1 4RL
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Retail, Food and Beverage, Leisure (Class D1, D2 and Other)
400 - 1,500 Sq Ft (37.16 - 139.35 Sq M)
- Predominant shopping centre in Portsmouth City Centre anchored by Primark, H&M, Next and Sports Direct
- Serviced by in excess of 1,000 adjacent car parking spaces
- 28,280 students at University of Portsmouth
- Footfall 7.4 million per annum (last 12 months)
- Smaller businesses, start ups and independents welcomed
- Range of units available
- New flexible leases available
- Terms on application
- Other occupiers in the centre include Starbucks, Lush, TK Max, New Look and Primark
Location
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 Cascades Shopping Centre is the predominant and well managed shopping centre in the City Centre, anchored by Primark, H&M, Next and Sports Direct. On average the centre receives 130,000 visitors per week and is serviced by in excess of 1,000 adjacent car parking spaces.
Description
Kingswell Path forms one of the key thoroughfares within the Shopping Centre, providing direct pedestrian access to both Spring Street and Commercial Road. This area comprises a selection of smaller retail units, ideally suited to independent operators and start-up businesses seeking a prominent yet accessible location. The landlord is open to considering a variety of occupiers and proposed uses, subject to the necessary consents. Interested parties are invited to contact us to discuss potential opportunities further.
Accommodation
We have the following units available in this area:
Please contact the agent for floor plans.
| Description | Sq Ft | Sq M |
|---|---|---|
| Unit 39 | 682 | 63.36 |
| Unit 38-38a | 1369 | 127.18 |
| Unit 44 | 2309 | 214.51 |
| Unit 47 | 878 | 81.57 |
| Unit 48 | 1693 | 157.28 |
| Total | 6,931 | 643.90 |
Energy Performance Rating
Available on request.
Planning
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
Taxation
Following the Government's latest budget, all occupied retail, hospitality & leisure properties receive a 40% discount from 1st April 2025 until 31st March 2026. Subject to annual cash cap of £110,000 per business and qualifying use.
Terms
The units are available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed.
Flexible lease terms are available.
There is a service charge and building insurance costs associated with each property.
VAT
We understand the units are registered for VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Flude Property Consultants for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Property Consultants has any authority to make or give any representation or warranty whatsoever in relation to this property.
Please note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.
We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and any reliefs.