Key Details

Property Description

Retail Units in Busy Shopping Centre Sizes range from 61.78 sq m (665 sq ft) to 252.97 sq m (2,723 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 Cascades Shopping Centre is the predominant and well managed shopping centre in the City Centre, anchored by Primark, H&M, Next and Sports Direct. On average the centre receives 130,000 visitors per week and is serviced by in excess of 1,000 adjacent car parking spaces.



A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020. Interested parties should make their own planning enquiries and satisfy themselves in this regard.



We understand the units are registered for VAT.

Kingswell Path is one of the areas of the Shopping Centre, leading off the centre with entrances leading to Spring Street and Commercial Road. We have the following units available on this area: Unit 37-38a - 252.97 sq m (2,723 sq ft) Unit 39 - 59.36 sq m (639 sq ft) Unit 42 - 61.78 sq m (665 sq ft) - UNDER OFFER Unit 44 - 158.12 sq m (1,702 sq ft) Unit 47 - 114.92 sq m (1,237 sq ft) - TEMP TENANT IN TILL END OF MARCH 2025 Please contact the Agent for floorplans.

Please contact the Agent for Rateable Values. Following the Government's latest budget, it has been confirmed that there will be a 75% discount from 1st April 2023 until 31st March 2024. Subject to annual cash cap of £110,000 per business and qualifying use. Interested parties should make their own enquiries to satisfy themselves of their business rates liability.

TBC.

Each party to bear their own legal costs incurred.

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