168-170 Fawcett Rd 580 - 1,214 SF of Assignment Available in Southsea PO4 0DW
ASSIGNMENT HIGHLIGHTS
- Well located
- Near to Fratton train station and Albert Road
- Busy retail location and residential area
SPACE AVAILABILITY (2)
Display Rent as
- SPACE
- SIZE
- RENT
- SERVICE TYPE
| Space | Size | Rent | Service Type | |||
| Ground, Ste 168 | 634 SF | £11,400 /PA | Fully Repairing And Insuring | |||
| Ground, Ste 170 | 580 SF | £9,600 /PA | Fully Repairing And Insuring |
Ground, Ste 168
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. The property is available by way of an assignment of the existing full repairing and insuring lease, which is due to expire on 1st July 2034. The passing rent is £19,560 per annum exclusive and is subject to annual rent reviews of 3%. A copy of the lease can be made available upon request. There are two separate leases for each property. If the opportunity arises, they could be assigned separately or for the whole property. Premium offers are invited for our client's leasehold interest. Further details on application.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,214 SF of adjacent space
- Kitchen
- Private Restrooms
- Double fronted unit
- Garden Space
- Three phase electricity supply
Ground, Ste 170
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. The property is available by way of an assignment of the existing full repairing and insuring lease, which is due to expire on 1st July 2034. The passing rent is £19,560 per annum exclusive and is subject to annual rent reviews of 3%. A copy of the lease can be made available upon request. There are two separate leases for each property. If the opportunity arises, they could be assigned separately or for the whole property. Premium offers are invited for our client's leasehold interest. Further details on application.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,214 SF of adjacent space
- Kitchen
- Private Restrooms
- Double fronted unit
- Garden Space
- Three phase electricity supply
PROPERTY FACTS
| Total Space Available | 1,214 SF |
| Property Type | Retail |
| Gross Internal Area | 1,214 SF |
| Year Built | 1960 |
ABOUT THE PROPERTY
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.
- Bus Route
- Signage
