To Let
Building 003,
Fort Southwick,
James Callaghan Drive,
Portsmouth,
PO17
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Offices, D1 and Other, Retail and Leisure
4,808 Sq Ft (446.66 Sq M)
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.
Fort Southwick is located on James Callaghan Drive, which is just off Portsdown Hill Road and around 4 miles from the M27.
Description
Substantial Class E Building with Parking
Total Size - 446.68 sq m (4,808 sq ft)
Accommodation
The property comprises a detached single storey building which is currently arranged as an office with WC's and kitchen. Externally, there is also parking for 33 cars.
The subject accommodation has an approximate Net Internal Area (NIA) of 446.68 sq m (4,808 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 the property is registered for VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Terms
The property is available to let by way of a new full repairing and insuring lease for a term to be agreed at a commencing rent of £50,000 per annum exclusive.
The building insurance is approximately £650 per annum.
Rateable Value / Council Tax Band
Rateable Value (2023): £42,250.
Interested parties should make their own enquiries to satisfy themselves of their business rates liability.
Energy Performance Rating
We understand the property has an EPC rating of D (80).