Portsmouth, Hants, PO3

Property Ref: 4577

The property is situated in Northern Portsmouth, with very easy access to the M27.

The property comprises a building of steel frame construction with brick and blocks walls under a pitched profile, cement clad roof with an eaves height of about 10 feet. There is a single-storey extension at the rear, also of brick and block, but under a flat roof.

Concrete floor throughout.

Mains water, electricity, gas and drainage connected to the unit.

Three phase power.

Electric side roller, shutter loading door.

The unit size is approximately 250 square metres (2,679 square feet) and stands on a large, regular shaped site of approximately 667 square metres (7179 square feet).

Extensive parking/storage area to the front, rear and side.

Range of uses considered, subject to planning - manufacturing, industrial, storage, retail or leisure.

The unit is available on a fully repairing and insuring commercial lease with the term and any break clauses to be agreed. Each party to bear their own legal costs.

The rent is payable quarterly in advance, with an additional deposit equivalent to one quarter's rent

A reservation fee is applicable.

There is no Vat payable on rental payments.

No monthly/annual estate service charges.

This is a rare opportunity to occupy a unit with ample parking and/or external storage very close to the M27.

Internal and external modifications or changes to the building or site would be considered subject to any planning or architectural requirements. Changes could include the fitting of full height roller shutter doors to the front and/or rear of the building or removal of the partial suspended ceiling. An extension to the building would also receive sympathetic consideration.

This unit is ideal for an established business, offering flexible internal fit out and re-design options, combined with ample external storage and generous vehicle parking.

It is also financially attractive for a start up business, with no Vat payable on rental payments, negotiable lease and break clause options and the opportunity to develop the business without the requirement to re-locate in the short term to a larger premises.

The current tenants are in occupation until March 2025, but may possibly vacate sooner.

The annual rent based on £12 per square foot is £32,148.

Please contact me in the first instance with any questions or to arrange an out of hours viewing as the current tenants wish to maintain confidentiality....















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For viewing arrangement, please get in touch with 99home.


If calling, please quote reference: 4577


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*Disclaimer for virtual viewings: Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
*If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
*Will make no warranty for the accuracy or completeness of the advertisement or any linked or associated information, and 99home has no control over the content. This property advertisement does not constitute property particulars, the property may offer to tenants in the same condition as they have seen on time of the viewing.