1 Albert Road

To Let
Rent: £10,000 per annum

Contact

James West

James West

Tel: 02392 377800

Mobile: 07415438230

Email: James@hi-m.co.uk

Key Features

Description

1 Albert Road, a ground floor lock-up shop is currently configured to provide an open plan retail area.

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

Location

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 west side of Albert Road. 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.

Terms

Guide Rent: £10,000 per annum. Available on a new effective full repairing and insuring lease for a term to be agreed.

Business rates

Rateable Value: £5,100 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. Service Charge – £360 pa Building Insurance – £431.75 pa We understand that the property is NOT elected for VAT.

Enquire Now

You can contact one of our agents by phone, email, or complete the form below.