Retail premises to let in Unit 7 Portsmouth Retail Park, Binnacle Way, Portsmouth PO6

From £35,000 pa (£17.07/sq. ft. pa)
Retail premises to let 2,050 sq. ft*
Interested in this property? Call +44 23 9229 2052 * or Request Details

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Property description

Key Points

  • Busy Trading Location
  • Fitted to a Good Standard
  • Suitable for a Variety of Uses
  • Part of Retail Park Development
  • Car Parking
  • Description

    Unit 7 comprises a first floor premises, forming part of a purpose built 65,000 sq.ft retail park constructed in 2017. The unit comprises open plan 'L shaped' space and benefits from a prominent ground floor entrance, which is highly visible when entering the retail park. The space if fitted to a good standard with suspended ceilings and a heating / cooling system and a lift to the first floor from the entrance lobby. There is a limited amount of low level partitioning and various external signage opportunities.

    Location

    The unit is prominently situated between the A27 and M27 (off junction 12) between Port Solent and Lakeside Business Park, Portsmouth Retail Park is strategically located to serve the M27 corridor including Fareham, Portchester. Cosham & Portsmouth.

    Portsmouth Retail Park accommodates a number of occupiers including Decathlon, Home Bargains, Jollyes Pet Store, Pure Gym, Greggs, Costa, Subway & Quality Pet Care. Other nearby occupiers include Aldi, Tesco Extra, kfc & McDonalds.

    Terms

    Available on a new lease for a term to be agreed at a rental of £35,000 per annum

    Rateable Value

    Rateable Value £38,750

    You are advised to make your own enquiries in this regard before making a commitment.

    Other Costs

    Each party to bear their own legal costs incurred in the transaction.
    Unless otherwise stated all rent are exclusive of VAT.
    Estate charges will apply.

    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.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Holloway Iliffe and Mitchell, PO6 on +44 23 9229 2052 * (local rate)

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Holloway Iliffe and Mitchell, and do not constitute property particulars. Please contact Holloway Iliffe and Mitchell for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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