Key Details

Property Description

PAID ANNUALLY; 21,000

Fully Fitted Restaurant / Bar Premise Sales Area 112.79 sq m (1,214 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 western side of Fawcett Road in Southsea, which is an established retail location and a densely populated suburb of Portsmouth.



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. There has been a retrospective planning application ( 24/00665/PLAREG) from Class E to form restaurant/bar/shisha lounge.



We understand that the property is not elected for VAT.

The property comprises a double fronted ground floor Class E premises that has previously been let as two separate units. The right hand side (168) has a fitted bar with seating, two W/Cs and the entrance to a garden seating area. The left hand side (170) has further seating and a fully fitted kitchen with storage. There is a rear access for bins down an alley. The current tenant seats around 40 covers but there is room for more, plus additional seating outside. The premises benefits from three phase, A/C and extraction for shisha use. There is a premises license. We have measured and calculate the premises to have the following approximate Net Internal Area (NIA): 168 - 58.90 sq m (634 sq ft) 170 - 53.89 sq m (580 sq ft) Total size - 112.79 sq m (1,214 sq ft)

The premises are currently rated separately. 168 Rateable Value (2023): £4,150 170 Rateable Value (2023): £5,900 The occupier may be entitled to 100% Small Business Rate relief.

We understand the property has an EPC rating of E.

The prospective tenant will be required to contribute to the costs incurred in this transaction.

• Location