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116 Albert Rd
662 SF of Retail Space Available in Southsea PO4 0JS
Highlights
- One Parking Space
- Situated in the heart of Southsea
- Within a short distance from the King's Theatre
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 662 SF | Negotiable | $54.73 CAD/SF/YR $4.56 CAD/SF/MO $589.11 CAD/m²/YR $49.09 CAD/m²/MO $3,019 CAD/MO $36,232 CAD/YR | Fully Repairing & Insuring |
Ground
116 Albert Road, is a ground floor lock-up unit and is currently configured to provide an restaurant lay out with tables and chairs, kitchen and bar areas, rear courtyard with w.c., and a 1st floor storage and preparation area. Currently the property has E Class, however, it is also suitable for alternative uses subject to obtaining any necessary planning consents.
- Use Class: E
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Secure Storage
- Energy Performance Rating - D
- Private Restrooms
- Activity License
- Modern Fit out
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 116 Albert Rd , Southsea, HAM PO4 0JS
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Restaurant | Parking Ratio | 1.51/1,000 SF |
| Gross Leasable Area | 662 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 662 SF |
| Year Built | 1950 |
| Parking Ratio | 1.51/1,000 SF |
About the Property
Albert Road is situated in the heart of Southsea with Victoria Road North to the west and Eastney Road to the east, via Highlands Road. The subject premises are situated on the east side of Albert Road opposite the junction with Victoria Road South. The property is located directly opposite the Wedgewood rooms, with other local occupiers consisting of Subway, Post Office, Costa Coffee, Goldchem Pharmacy and many more. It is also a short distance from the King's Theatre.
- Courtyard
- Energy Performance Rating - D
- Storage Space
Nearby Major Retailers
Presented by
116 Albert Rd
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