The property provides ground floor retail space with ancillary storage to the back.
The property has the benefit of a covered forecourt and canopy, as well as rear loading facilities.
Location
Portsmouth is a key centre of commercial activity in the South Coast. The City benefits from excellent road communications via the M27 south coast motorway network, as well as having good rail network connections to London and other regional and local stations.
The property is located within the City Centre on the pedestrianised Arundel Street adjacent to Clarks Shoes. Nearby occupiers include Superdrug, Wilko, Debenhams, The Job Centre, Ladbrokes, and Pure Gym. Portsmouth and Southsea mainline station is a short walk away.
Accommodation
Shop Width - 14' 9" (4.5m)
Shop Depth - 88' 7" (27.02m)
Sales Area - 1,313 sq ft (122 sq m)
Rear Store - 118 sq ft (11 sq m)
WC
Terms
We are instructed to seek a new full repairing and insuring lease for a term to be agreed at a commencing rental of £32,500 per annum and subject to periodic rent reviews.
Legal Costs: The lessee may be required to contribute towards the cost of forming the new lease.
Energy Rating: D (86)
Rateable Value: £24,250 Source: VOA (04/17)
Specification
- ALL TERMS QUOTED ARE EXCLUSIVE OF VAT (EXCEPT WHERE SPECIFICALLY STATED)
- SERVICES PLANT EQUIPMENT AND FIXTURES NOT TESTED.