• Size:
    1,963 sq ft / 182 sq m
  • Usage:
    B1
  • Sale Type:
    For Sale
  • Rental Income:
    N/A
  • Property Type:
    Offices
  • Auction:
    No
  • Development Opportunity:
    No
  • Investment Opportunity:
    No
  • Tenanted:
    No
  • Energy Rating:
    N/A

The subject property is a end of terrace, self contained modern industrial unit of portal framed construction under a corrugated asbestos sheet roof. The exterior of the building is brick & block construction up to first floor level and over clad thereafter.

Internally the building benefits from a mezzanine floor covering approximately half the building which is fitted out as offices and the ground floor is a workshop with trade counter and reception areas.

Specifications
* LED Lighting
* Roof Lights
* Manual Roller Shutter Door (3.59m w x 4.14m h)
* Minimum Eaves Height 4.76m
* Power Floated Concrete Floor
* Central Heating
* Small Kitchenette
* Forecourt Parking and Loading Area

Terms
The building is held on the balance of a 999 year long leasehold arrangement from September 1998 at a rent of £1 per annum, if demanded, from a lease dated 6th October 1998. The property has a new lease granted to 19 Computing UK Ltd (Company Reg No. --------) for a term of 21 years on a full repairing lease with 3 yearly, upward only, open market rent reviews, tenant only break options at the 5th, 10th and 15th year of the term. The passing rent is £22,700 per annum. Quoting price is £325,000.00

Other Matters
Legal Costs - Each party to be responsible for their own costs incurred in the transaction.
VAT - unless stated otherwise all costs are exclusive of VAT

Situated in the heart of Portsmouth on Durham Street which is within a quarter of a mile of Portsmouth City Centre and within close proximity of the main Portsmouth & Southsea Railway Station, Civic Offices and other town centre uses.

The M27 and A27 Southcoast trunk routes link upto the A3M and M3 is a short distance to the north.

Durham Street is accessed off Station Street.

The pricing is unfortunately not available for this property online. Please submit your details using the form below and the agent will contact you to discuss this further.