82 Elm Grove, Southsea, PO5 1LN Retail property (high street) to rent - £1,542 pcm (£356 pw)

The property comprises a modern ground floor retail unit with partitioned meeting/storage rooms, a toilet with basin, and a kitchen with rear pedestrian access. The property benefits from a prominent frontage onto Elm Grove.

The property benefits from a Class E use class enabling it to be used as a shop, professional or financial services (such as an estate agent), office, clinic, or a café. The property also benefits from 3-phase power.

The property is situated in Southsea in Portsmouth a major regional port and hub for commercial activity, forming part of the south coast conurbation. Elm Grove is situated on the edge of Southsea with Victoria Road North/ South to the east and Kings Road to the west.

Local occupiers include Tesco Express, Debra, Honest Politician, Bread Addiction, Scoops, and Huis.

Available on a new effective Full Repairing Insuring Lease for a term to be agreed at a commencing rent of £18,500 per annum exclusive.

Rateable Value - £12,750 (Source VOA).

You are advised to make your own enquiries in this regard to the Local Authority before making a commitment to lease.

Service charge and Building Insurance - currently £935 per annum
Each party to be responsible for their own legal costs incurred in the transaction.
Unless otherwise stated all costs are exclusive of VAT
VAT - Applicable