Property Information
Address:
13 Palmerston Road, Southsea
, PO5 3QQ
Price: Property no longer available.
Size: 50 to 58 sqm
Primary Category: Shop
All Categories:
Leisure, Shop,
Property Ref/Movehut: MH647663
Property Ref/Agent: 3747
*Please use the agent ref when calling the agent directly.
Property description
Description
Class E Premises
Sales Area 50 sq m (540 sq ft)
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 behind the property.
Nearby by occupiers include Waitrose, British Heart Foundation, Blacks, Holland and Barret, Greggs, Superdrug and W H Smith.
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
We understand the property is registered for VAT.
Accommodation
The accommodation comprises a self-contained ground floor retail which provides open plan sales area with a staff room/storage and WCs to the rear.
The accommodation has the following approximate Net Internal Area (NIA):
Sales Area 50 sq m (540 sq ft)
Storage 7 sq m (82 sq ft)
Total 57 sq m (621 sq ft)
Business Rates / Council Tax Band
Rateable Value (2017): £18,000.
EPC
To be confirmed.
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 19,000 per annum exclusive.
Central location in Southsea
Thriving retail and leisure destination
Fully pedestrianised shopping precinct
Would suit a variety of uses
Public car park behind the property
New FRI lease available
Rent £19,000 pax
Nearby by occupiers include Waitrose, British Heart Foundation, Blacks, Holland and Barret, Greggs, Superdrug and W H Smith.
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