Retail To Let
2 & 2A London Road, Portsmouth, Hampshire, PO2
£0
To Let
Key Details
To Let
1,183
Retail
Commercial To Let
Property Description
PAID ANNUALLY; 6,000
Rare opportunity for large unit with parking
Total Size - 185.07 sq m (1,992 sq ft)
Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/ A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network.
The property is situated on the eastern side of London Road in North End, which is an established retail location and a densely populated suburb of Portsmouth. Nearby occupiers include Papa Johns, Aldi and Layls Pharmacy.
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO uses that were categorised under the former UCO as A4, A5 and some D2 uses (cinemas, concert halls, bingo halls and dance halls) are now regarded as a Sui Generis use. We therefore understand that the use of the subject premises is a Sui Generis use.
This is for both the takeaway and public house use.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
We understand the property is registered for VAT.
The accommodation comprises of a large ground floor unit which has previously been used as a pub and takeaway unit. The units were previously let out separately but we are looking to let out as one whole unit, including the large yard space at the back.
The left hand side was previously used as a pub and has a large open bar area with a fitted bar from the previous tenant. To the rear there is further storage and a kitchen area to provide a food offering. There are male and female toilets with rear access to a yard which provides further seating.
The right hand side was previously used as a pizza takeaway with previous tenants fittings. There is a front and side entrance.
The premises would lend itself to suit a similar use or food offering STP.
The rear land can be accessed to the right of the property and could be used for parking or further open storage.
We have measured and calculate the premises to have a NIA of 185.07 sq m (1,992 sq ft)
The Rateable Value for 2 London Road (left hand side) is currently calculated on a turnover basis for a public house. The Rateable Value is currently £6,750.
The Rateable Value for 2a London Road (right hand side) is currently £10,750.
Occupiers would need to make their own enquiries.
We understand the property has an EPC rating of B.
Each party to bear their own legal costs incurred.