Agency | Lease Advisory | Management | Rating | Valuation | Investment | Development

TO LET Prominent Corner Retail Unit

No.35:217.05sqm(2,336sqft) No.39:171.04sqm(1,841sqft) TotalSize:388.10sqm(4,177sqft)

Key Features• Well located within Portsmouth City Centre

• Situated in pedestrianised shopping area

• Return glazed frontage

• Large, open plan retail unit

• Available as a whole or in part

• Suitable for a variety of uses, such as class A3 or A4

(STP)

• To let on a new FRI lease

• Nearby occupiers include Wilko, Debenhams, Pure

Gym, British Heart Foundation and Superdrug

35 - 39 Arundel Street, Portsmouth, Hampshire PO1 1NB

35 - 39 Arundel Street, Portsmouth, Hampshire PO1 1NB

Offices in Brighton, Chichester and Portsmouth

ViewingsandFurtherInformationPlease contact the sole agents Flude Commercial incorporating Garner Wood:

portsmouthproperties@flude.com023 9262 9000www.flude.com

PlanningWe understand that the premises benefit from Class A1 use within the Use Classes Order 1987 (as amended).

The property would also suit alternative uses, such as class A3 or A4 subject to terms and planning.

Business RatesRateable Value (2017): £47,500 as a whole or in part.

TermsThe property is available to let by way of a new (effectively)full repairing and insuring lease for a term to be agreed at the rents set out in the table.

The service charge for the whole building is currently £1,800, plus VAT per annum and the buildings insurance is currently £1,400, plus VAT per annum.

Legal FeesEach party to bear their own legal costs incurred.

LocationPortsmouth 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 widernationalmotorwaynetwork.

The property is situated on the northern side of Arundel Street, which is one of the main shopping areas within the city. Nearby occupiers include Wilko, Debenhams, PureGym,BritishHeartFoundationandSuperdrug.

AccommodationThe accommodation forms part of a prominent cornerretail block, and provides a large, open plan retail area withancillarystaffandstoragefacilities. The unit benefits from extensive glazed shop-frontage and glazed canopy over the forecourt. There is also rear/sideservicingfromBuckinghamPlace.

We have measured and calculate the accommodation to have the following GrossInternalArea(GIA):

Description sq m sqft Rent paxNo. 35 217.05 2,336 £27,500No. 39 171.04 1,841 £23,500Total 388.10 4,177 £51,000

EPCWe understand the property has an EPC rating of C(69).

VATWe understand the property is registered for VAT.

35 - 39 Arundel Street, Portsmouth Hampshire PO1 1NB

Offices in Brighton, Chichester and Portsmouth

GOAD

For identification purposes only.

Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property.

Please note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.

We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and small business relief. 6 August 2019

35 - 39 Arundel Road, Portsmouth Hampshire PO1 1NB

Offices in Brighton, Chichester and Portsmouth

Floor Plan

For identification purposes only.