We are instructed to market this Class E double restaurant/retail unit on a new Effective Full Repairing and Insuring Lease for a term to be agreed at the commencing rental of £38,000 per annum exclusive. A service charge of the fair proportion of the building and insurance will be payable. The property is situated on Elm Grove, in Southsea with both national and independent retailers in close proximity, including Co-Operative Food, Three Cuts Restaurant, Laundry Care, One-Eyed Dog. The property comprises a double unit, offering a restaurant and takeaway opportunity, with kitchen and preparation areas. There are also WC facilities on both ground and first floor level, with ancillary storage on both first floor and basement levels. Viewings are strictly by appointment only. Rateable Value Shop Combined - £17,000 (Source: VOA April 2023) Separation will require re assessment.
This property is marketed by:
Southsea Branch
Or call us with reference 103885
02392 293300
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