69 Castle Road, Southsea, Hampshire, PO5
£22.71 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,057 sq ft
98 sq m
- SECTOR
Restaurant to lease
Lease details
- Lease available date:
- Ask agent
- Lease type:
- Long term
Key features
- Central location within Southsea
- Pedestranised road
- Passing rent £2,000 pcm
- Fixtures and fittings available, subject to premium
- The occupier may be entitled to 100% Small Business Rate relief
- Size - 1507 sq ft
- Approximately 40 covers
- New lease
- Nearby occupiers include Pie & Vinyl, Chinneck Shaw, Premier and The Barbership
Description
Fully Fitted Restaurant in Central Location
Total Size - 98.62 sq m (1,057 sq ft)
Location
Southsea is a busy and attractive area within Portsmouth, which is located approximately 19 miles south east of Southampton and 70 miles south west of London.
The property in located on the eastern side of Castle Road, a popular area of Southsea which is home to a variety of independent shops, bars and restaurants.
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
VAT
Rents and prices are quoted exclusive of, but may be subject to VAT.
Accommodation
The accommodation has an approximate Net Internal Area (NIA) of 98 sq m (1,507 sq ft).
Business Rates / Council Tax Band
Rateable Value (2023): £8,200
The occupier may be entitled to 100% Small Business Rate relief.
EPC
TBC
Legal Fees
Each party to bear their own legal costs incurred.
Terms
The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £24,000 per annum exclusive.
There is a premium. Please discuss with Agent.
Brochures
69 Castle Road, Southsea, Hampshire, PO5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Portsmouth & Southsea Station0.7 miles
- Portsmouth Harbour Station0.8 miles
- Fratton Station1.0 miles
About Flude Property Consultants, Portsmouth
114 Kingston Crescent, Portsmouth, PO2 8AL
Flude Property Consultants is a regional independent firm of Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors (RICS) who specialise in advising clients with commercial property interests.
Our main areas of expertise are commercial property agency, lease advisory (rent reviews, lease renewals and lease re-gears), property management, valuation, rating, investment and development property.
We are a commercially minded practice who understand the needs and
Notes
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