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Commercial Space With Potential Class 4 Consent, The Circle Building, 1st & 2nd Floors, 55 North Street, Portslade, BN41 1DH

432 to 13,000 Sq Ft / Leisure / Class E - incl Office Retail Healthcare

Withdrawn - Last updated: 02 April 2023

Comprising an impressive creative space situated on 1st & 2nd floors of this former industrial building. The building benefits from high ceilings as well as excellent natural light & in turn outstanding waterside views across Shoreham Port & along the coast. Accessed at 1st floor level direct from the buildings car park into a communal reception area with access to the 2nd floor via lift or stairs. The 2nd floor space in addition to the views also benefits from an outside area that may be suitable to be used as a roof terrace.

Location

Whilst accessed from North Street, Portslade the building is located on the main A259 Coast Road overlooking Shoreham Port just to the west of Hove. On the ground floor of the property is The Underground Gym a popular local gym group whilst Small Batch Coffee have a roastery & coffee shop a stone's throw away. Portslade Station is a short walk away to the North of the property whilst Shoreham is located to the west.

Accommodation

The accommodation comprises of the following:

1st - Studio- Rear Office 1 - 432 sq ft (40.13 sq m)

1st - Studio- Rear Office 2 - 841 sq ft (78.13 sq m)

1st - Studio - 5,504 sq ft (511.34 sq m)

2nd - Studio plus roof terrace - 6,223 sq ft (578.14 sq m)

TOTAL - 13,000 sq ft (1,207.74 sq m)

Terms

Terms - Available by way of a new effective full repairing & insuring lease for a minimum term of 5 years.

Use - It is thought that subject to obtaining any required consents the property could be suitable for a variety of uses such as, Restaurant, Brewery & Tap Room, Offices, Competitive Socialising, Leisure, Educational or other alternative Health & Fitness.

Legal Costs - The incoming tenant to make a contribution of £XXX plus VAT towards the landlords legal fees.

Rent - £XXX per sq ft per annum exclusive of rates, VAT & all other outgoings payable quarterly in advance.

Business Rates - TBC

EPC Rating - EPC exempt - EPC has been commissioned, will be available in less than 28 days

Specification

  • Rent £XXX per sq ft PAX
  • Outstanding creative space
  • On-site parking
  • Lift
  • Magnificent waterside views
  • High Ceilings
  • Suitable for a variety of uses (STPC)


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