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Property Overview

  • Size:
    322 sq ft / 30 sq m
  • Sale Type:
    To Let
  • Rental Income:
    N/A
  • Property Type:
    Other
  • Auction:
    No
  • Development Opportunity:
    No
  • Investment Opportunity:
    No
  • Tenanted:
    No
  • Energy Rating:
    N/A

Supporting Documents

General Summary

176 Albert Road, a ground floor lock-up shop is currently configured to provide an open plan retail area, rear store and w.c.

Currently the property has E Class however, it is also suitable for alternative uses subject to obtaining any necessary planning consents.

This property would not lend itself to hot food or take-aways.

Terms
Guide Rent: £9,000 per annum.

Available on a new full repairing and insuring lease for a term to be agreed.

Business Rates
Rateable Value: £4,150 pa.

You are advised to check the rates payable with the local council before making a commitment.

*Small Business Rates Relief of 100% is available for ratepayers occupying a single property with a rateable value up to and including £12,000 from 1 April 2017.

Other Costs
Each party to be responsible for their own legal costs incurred in the transaction.

We understand that the property is NOT elected for VAT.

Albert Road is situated in the heart of Southsea with Victoria Road North to the west and Eastney Road to the east, via Highlands Road. The subject premises are situated on the east side of Albert Road opposite the junction with Victoria Road South.

The property is located a short distance from the King's Theatre and nearby occupants consisting of a mixture of national chain retailers and independent specialist shops.

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