Ideal Fir Retail / Restaurant / Coffee
Southsea - 86-90, Osbourne Road PO5 3LW
Prominent, Double-Width Property.
Location
The property has a very prominent position in the town centre.
It has the benefit of passing traffic whilst overlooking the pedestrianised prime pitch.
National retailers on the prime pitch, underpinning the town, are Boots, Iceland, Superdrug and Robert Dyas.
Click for Streetview
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Description
A very prominent building with a very wide frontage.
There are great opportunities for much signage and presence.
Retail and ancillary space is at ground floor and basement. The upper floors are extensive and give options for seating, storage or conversion to residential / other uses.
The premises provide the following approximate dimensions and areas:
Description.
Internal Width
Shop Depth
Ground Floor
Basement
First Floor
Second Floor
Imperial.
24’3
60’4
1.621
540
1,112
736
Metric.
7.4
18.4
150.6
50.2
103.3
68.4
Lease
The lease I place runs to 16th June 2027 with a Tenant only break at 19th June 2022.
A new lease is available directly from the Landlord.
Rent
£35,700pax
Rates
The VOA advise that the rates are:
Rateable Value £30,000
Rates payable £14,970
Legal Costs
Each party are to bear their own associated legal costs.
EPC
Being prepared.
Contact
Ryan Kennedy