Description
The properties are located on the outskirts of Portsmouth city centre in the suburb of Cosham. The properties are situated on the main Northern Road which is a route connecting Portsmouth's northern suburbs to Portsea Island and are in close proximitey to Junction 12 of the M27. The properties occupies a prominent road frontage position. Each property comprises a ground floor, first floor and second floor office/retail space that would be suitable for a variety of different uses. The previous user of No. 60 was operating an elderly care business, with training facilities on site. As a result, parts of this ground floor have medical standard flooring which would benefit those businesses in medical, physiotherapy and fitness. The opportunity benefits from a kitchens, W/C facilities, and parking areas suitable for circa 12 cars. Although both 60 and 62 have no internal linking doors between them, they previously did and these could be reinstated if desirable.
Accommodation
No. 60 Ground Floor 732 Sq Ft (68 Sq M) No. 60 First Floor 456 Sq Ft (42.36 Sq M) No. 60 Second Floor 138 Sq Ft (12.82 Sq M) No. 62 Ground Floor 1,124 Sq Ft (104.42 Sq M) No. 62 First Floor 505 Sq Ft (46.91 Sq M) No. 62 Second Floor 117 Sq Ft (10.88 Sq M) Total Net Internal Area 3,072 Sq Ft (285.41 Sq M)
Planning
Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
EPC Text
No. 60 Asset Rating D (79) No. 62 Asset Rating D (93)
Rating
No. 60 Rating £19,000 No. 62 Rating £16,250 Source www.gov.uk/find-business-rates
Terms
No. 60 is available by way of a new full repairing and insuring lease for a term to be agreed at £15,000 per annum exclusive of rates VAT (if applicable) and all other outgoings. No. 62 is available by way of a new full repairing and insuring lease for a term to be agreed at £18,000 per annum exclusive of rates VAT (if applicable) and all other outgoings. We understand that VAT is not payable, however all parties are advised to make their own enquiries into the matter.
Class 'E' Unit Available
Net Internal Area - 3,072 Sq Ft (285.41 Sq M)
Allocated Parking Areas
Total Asking Rent £33,000
Close proximitey to Junction 12 of the M27
Appropriate for a variety of different class 'E' use