To Let
84 London Road,
Portsmouth,
Hampshire,
PO2 0LZ
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Retail, Food and Beverage, Leisure (Class D1, D2 and Other)
2,696 Sq Ft (250.46 Sq M)
- Well located within an established retail location and densely populated suburb of Portsmouth
- Large ground floor retail unit
- Storage space - 335 sq ft
- Rear access and loading
- New EFRI lease available
- Rent £40,000 pax
- No VAT
- Nearby occupiers include Iceland, Poundland and Jefferies Estate Agents
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 property is located on the eastern side of London Road, close to its junction with Angerstein Road in North End. The area is an established retail location and a densely populated suburb of Portsmouth. Nearby occupiers include Iceland, Poundland and Jefferies Estate Agents.
Description
Prominent Retail Unit
Sales Area - 2,362 sq ft
Accommodation
The property comprises a prominent corner building located on the eastern side of London Road in Portsmouth. The property is arranged as a large ground floor retail unit, which benefits from a large garage/store to the rear which is accessed via a loading door.
We have measured and calculate the premises to have the following approximate floor areas:
Sales Area - 2,362 sq ft
Storage - 335 sq ft
Total - 2,696 sq ft
Planning
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
VAT
We understand that the property is not elected for 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 for a term to be agreed at a commencing rent of £40,000 per annum exclusive.
Rateable Value / Council Tax Band
We have made enquiries regarding the present tax assessment for the property, as follows:
Address: 84 London Road, Portsmouth, PO2 0LZ
Description: Shop and premises
Rateable Value (2023): £32,000
Energy Performance Rating
We have made enquiries regarding the present EPC assessment for the property, as follows:
Address: 84 London Road, Portsmouth, PO2 0LZ
Rating: B
Valid Until: February 2033