Ground floor lock up shop with first floor storage. Nearby national occupiers include Debenhams, Topman, Superdrug, PureGym, Wilkinsons and Clarks.
( Agency Pilot Software Ref: 145 )
Location
The shop is located at the western end of Arundel Street which is a busy pedestrianised road adjoining Commercial Road in the city centre. Commercial Road is the main retail thoroughfare within Portsmouth city centre and benefits from a good level of footfall linking the Civic Centre, railway station and University district with the Cascades Shopping Centre. There is an NCP car park located on Crasswell Street approximately 200m from the shop.
Accommodation
Net sales area 572 sq ft (53.14 sq m )
Rear store 75 sq ft (6.97 sq m )
First floor storage 733 sq ft (68.1 sq m )
Total 1,380 sq ft (128.20 sq m)
Terms
The property is available by way of assignment of the head lease expiring April 2022 at the passing rent of £36,000 per annum exclusive. A new lease or sublease will also be considered.
RENT £36,000 per annum
RATES We have obtained information from the Valuation Office website and we understand that the Rateable Value of the property is £20,500. We recommend that prospective tenants verify this with the Valuation Office.
EPC EPC rating D83. A copy of the EPC is available on request.
LEGAL COSTS Parties to pay their own legal costs. VAT We are advised that VAT will be payable