£20,000 pa

Retail premises to let

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£20,000 pa

(£11.05/sq. ft. pa)

Retail premises to let

63 Elm Grove, Southsea PO5

1,810 sq. ft

Local area information

Property location

Nearby amenities

  • Cottage Grove Primary School 0.1 miles
  • St John's College 0.1 miles
  • Portsmouth & Southsea 0.6 miles
  • Southsea Hoverport 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Southsea and Portsmouth to find out more about the local area.

Features and description

  • Prominent Southsea Location
  • Class E Use
  • Established Position in Elm Grove
  • Popular Independent Retail Pitch
Description

63 Elm Grove, is a ground floor shop, currently configured to provide a retail sales area, toilet and storage space on the ground floor. There is also a basement level that offers retail potential as well, and was previously fitted out with beauty rooms.

The property benefits from a class E use class enabling it to be used as a shop, for professional or financial services such as an estate agent, or a café, restaurant, office or clinic.

Location

The property is situated in Southsea in Portsmouth a major regional port and hub for commercial activity, forming part of the south coast conurbation. Elm Grove is situated on the edge of Southsea with Victoria Road North/ South to the east and Kings Road to the west.

Local occupiers include Tesco Express, Debra, Honest Politician, Bread Addiction, Scoops, and Huis.

Terms

Available on a new effective Full Repairing Insuring Lease for a term to be agreed at a commencing rent of £20,000 per annum exclusive.

Specifications

- Concrete floor
- Partial extract system
- 3 phase electric
- Fire System
- LED Lights
- CCTV system
- Electric shutter
- Airconditioning

Business Rates

Rateable Value - £10,750 (Source voa).
* The premises may benefit from Small Business Rates Relief.
You are advised to make your own enquiries in this regard to the Local Authority before making a commitment to lease.

Other Costs

Building Insurance - £tbc (date)
Service charge - £895.72 for the current service charge year (date)
Each party to be responsible for their own legal costs incurred in the transaction.
VAT - It is understood the property is elected for VAT

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Holloway Iliffe and Mitchell. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Holloway Iliffe and Mitchell for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Hampshire
  4. Southsea
  5. Elm Grove