To Let
173 Albert Road,
Southsea,
Hampshire,
PO4
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Retail and Leisure, D1 and Other, Offices
551 Sq Ft (51.19 Sq M)
- Central location within Southsea
- Popular retail, student and residential location
- Fixtures and Fittings available
- No VAT
- New EFRI lease available
- £1,250 pcm
- 100% business rates relief possible
- Landlord is open to other uses STP
- Nearby occupiers include Southsea Laundry Company, Tesco Express, Costa Coffee and The Wedgewood Rooms
Location
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 located in the busy and popular Southsea area within Portsmouth. Nearby occupiers include Southsea Laundry Company, Tesco Express, Costa Cofee and The Wedgwood Rooms.
Description
Fully Fitted Beauty Salon
Total NIA - 51.20 sq m (551 sq ft)
Accommodation
The premises comprises a ground floor hair and beauty salon which will be available to let with all the existing fixtures and fittings.
There are 8 work stations, one beauty room, nail station and make up station. The beauty room is separately partitioned. There is a colour work station with three high end back wash stations with massage and leg lift.
There is a small coffee area, W/C and kitchenette to the rear.
The unit also benefits from a roller shutter. And will include all the CCTV systems fitted throughout.
The property has the following approximate NIA: 51.20 sq m (551 sq ft)
Planning
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.
VAT
We understand that the property is not elected for VAT.
Legal Fees
The prospective tenant will be required to contribute to the costs incurred in this transaction.
Terms
The property is available to let by way of a new (effectively) full repairing and insuring lease for a term of 10 year leases with a five year break option and open market rent review (upward only) at a rent of £15,000 per annum. The landlord requires a six month rent deposit and personal guarantor.
There is a premium for the fixtures and fittings. Please contact the Agent for more details.
Rateable Value / Council Tax Band
Rateable Value (2023): £7,200
The occupier may be entitled to 100% Small Business Rate relief.
Energy Performance Rating
We understand the property has an EPC rating of C.
Viewing
For further information or to arrange a viewing, please contact:
Alice Masterman
023 9262 9006
a.masterman@flude.com