Specification

Building size: Building size 2,491 sqft
Property type: Property type Restaurants · Shops
Tenure: Tenure For rent

Description

The property comprises a two-storey building, providing retail accommodation at ground floor level, with office/storage areas, a staff kitchen, and WCs on the first floor.

At present, the property has been fitted out as an escape room.

To the rear, there is a hardstanding area for loading and servicing, accessed via a dedicated service road.

Portsmouth is a major south coast city

Well-established retail destination within a densely populated suburban district

Substantial property with future development potential

Rear access for loading and servicing

Rent - £23,000 pax

Nearby occupiers include national and regional retailers such as Lidl, Iceland, Poundland, Costa and Greggs, contributing to a vibrant local trading

Location

Portsmouth is a major south coast city. The city enjoys excellent road connectivity, being positioned at the junction of the M27 and A27.

The subject property is situated on the eastern side of London Road, in the North End area of Portsmouth. This is a well-established retail destination within a densely populated suburban district. Nearby occupiers include national and regional retailers such as Lidl, Iceland, Poundland, Costa and Greggs, contributing to a vibrant local trading environment.

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.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The accommodation has the following approximate Net Internal Area (NIA):

Business Rates / Council Tax Band

Rateable Value (2026): £17,750

Occupiers will pay approximately 38% of this per annum.

EPC

We understand the property has an EPC rating of C.

Legal Fees

Each party to bear their own legal costs incurred.

Map

Enlarge View the interactive map Click to explore this property's location, streets and surrounding area.