PREMISES TO LET

126A ALBERT ROAD SOUTHSEA

PORTSMOUTH PO4 0JS

LOCATION The property is situated in Southsea a prosperous and densely populated costal town located to the south of Portsmouth. The shop occupies a prominent trading position along Albert Road, an arterial route through the Southsea with numerous shops, bars and restaurants in close proximity. Local and national occupiers include; The Kings Theatre, Tesco Metro, Ladbrokes, Tullys Letting Agents, The Wedgewood Rooms and Creatiques Bridal Boutique.

ACCOMMODATION The property provides a highly visible glazed frontage and is arranged to provide an open plan sales area with WC and rear access for loading and unloading. The property has the following approximate areas and dimensions, source VOA.org:

Ft M

Sales Area 2,105 sq. ft. 195.6 sqm

Customer WC

PLANNING It is considered that the property could suit a range of uses subject to planning consent. Planning consent was granted in July 2015 for a change of use from a launderette to a retail shop (A1) with ancillary café and arts and crafts area.

LEASE TERMS The premises are available on the basis of a new effective full repairing and insuring lease at a commencing rental of £29,500 pax for a term to be agreed.

The Code of Practice for Commercial Leases recommends that parties intending to enter into leases should seek early advice from property professionals or Lawyers. Also, alternative terms may be requested subject to negotiations.

LEGAL COSTS The ingoing tenant may be required to contribute to the costs of forming the new lease.

VIEWING All arrangements to view must be made by prior appointment with Sole Agents GARNER WOOD on 023 9262 9000.

GW00604 MAR16 SSS ALBERT RD 126A

PROMINENT MAIN

ROAD POSITION

ALBERT ROAD, SOUTHSEA

RENT: £29,500 PAX

RATEABLE VALUE

£25,250 SOURCE:

VOA (04/2010)

EPC RATING: F (147)

ALL TERMS QUOTED

ARE EXCLUSIVE OF

VAT (EXCEPT WHERE

SPECIFICALLY

STATED)

SERVICES PLANT

EQUIPMENT AND

FIXTURES NOT

TESTED

(Opening soon)