Ground Floor, 44B High Street

Cosham, Portsmouth, PO6 3AG

1,070 sq ft
To Let
Retail

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LOCK-UP SHOP

Property Type Retail
Tenure To Let
Size 1,070 sq ft
Rent £13,400
Business Rates £6,490 per annum
Energy Performance Rating This property has been graded as 80 (D)

Key Features

  • Prominent Roadside Frontage
  • Parking For Up To 5 Cars
  • Rear Access For Loading
  • Close To Cosham Train Station

Location

Cosham town centre is located approximately 4 miles north of Portsmouth City Centre, close to Junction 27 of the M27 Motorway. 44b High Street is situated in a prominent position close to the junction with the pedestrianised area amongst national retailers including Boots, WHSmith, Costa Coffee and Thompson Travel Agents.

Available area

UnitSq FtRentAvailability
G Sales 783 Upon Enquiry Available
1st Offices/Stores 287 Upon Enquiry Available

Description

The subject premises comprise of a ground floor lock up shop, set behind an aluminium shop frontage which currently has a sales area with rear kichenette and WC facilities. The accommodation benefits from being refurbished throughout, having prominent roadside frontage and rear access. Ancillary storage / offices are located on the first floor which is additional to the ground floor retail space. This is not currently demised within the current lease, but is to be included as part of any agreement. Further details available on request. The property also benefits from having a right to use the parking area to the rear for up to 5 cars.

Location

Cosham town centre is located approximately 4 miles north of Portsmouth City Centre, close to Junction 27 of the M27 Motorway. 44b High Street is situated in a prominent position close to the junction with the pedestrianised area amongst national retailers including Boots, WHSmith, Costa Coffee and Thompson Travel Agents.

Viewings

Strictly by appointment with sole agents

Terms

£13,400 per annum. The premises are held on a full reparing and insuring lease for the remainder of a 6 year term commencing on 14th November 2017 (expiring 2023), with a Tenant only break clause and rent review on the 14th November 2020. Available by way of an assignment or sublease to fall outside the provisions of the Landlord & Tenant Act 1954 Part II (subject to terms being agreed). Further details available on request.

Business Rates

Rateable value: £14,750. Uniform business rates payable for 2018-2019: £6,490 Source: voa.gov.uk You are advised to confirm the rates payable with the local council before making a commitment.

Other Costs

A service charge is payable to cover costs such as maintenance and repair of common parts landscaping management fees. Additionally building insurance is also payable. Each party to be responsible for their own legal costs incurred in the transaction. Unless stated, all prices and rents are quoted exclusive of VAT.