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168-170 Fawcett Rd
580 - 1,214 SF of Assignment Available in Southsea PO4 0DW
Assignment Highlights
- Well located
- Near to Fratton train station and Albert Road
- Busy retail location and residential area
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Rental Rate
- Rent Type
| Space | Size | Rental Rate | Rent Type | |||
| Ground, Ste 168 | 634 SF | $32.41 CAD/SF/YR $2.70 CAD/SF/MO $348.86 CAD/m²/YR $29.07 CAD/m²/MO $1,712 CAD/MO $20,548 CAD/YR | Fully Repairing & Insuring | |||
| Ground, Ste 170 | 580 SF | $29.83 CAD/SF/YR $2.49 CAD/SF/MO $321.13 CAD/m²/YR $26.76 CAD/m²/MO $1,442 CAD/MO $17,304 CAD/YR | Fully Repairing & Insuring |
Ground, Ste 168
The property comprises a double fronted ground floor Class E premises that has previously been let as two separate units. The right hand side (168) has a fitted bar with seating, two W/Cs and the entrance to a garden seating area. The left hand side (170) has further seating and a fully fitted kitchen with storage. There is a rear access for bins down an alley. The current tenant seats around 40 covers but there is room for more, plus additional seating outside. The premises benefits from three phase, A/C and extraction for shisha use. There is a premises license. The property is available by way of an assignment of the existing full repairing and insuring lease, which is due to expire on 1st July 2034. The passing rent is £19,560 per annum exclusive and is subject to annual rent reviews of 3%. A copy of the lease can be made available upon request. There are two separate leases for each property. If the opportunity arises, they could be assigned separately or for the whole property. Premium offers are invited for our client's leasehold interest. Further details on application.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,214 SF of adjacent space
- Kitchen
- Private Restrooms
- Double fronted unit
- Garden Space
- Three phase electricity supply
Ground, Ste 170
The property comprises a double fronted ground floor Class E premises that has previously been let as two separate units. The right hand side (168) has a fitted bar with seating, two W/Cs and the entrance to a garden seating area. The left hand side (170) has further seating and a fully fitted kitchen with storage. There is a rear access for bins down an alley. The current tenant seats around 40 covers but there is room for more, plus additional seating outside. The premises benefits from three phase, A/C and extraction for shisha use. There is a premises license. The property is available by way of an assignment of the existing full repairing and insuring lease, which is due to expire on 1st July 2034. The passing rent is £19,560 per annum exclusive and is subject to annual rent reviews of 3%. A copy of the lease can be made available upon request. There are two separate leases for each property. If the opportunity arises, they could be assigned separately or for the whole property. Premium offers are invited for our client's leasehold interest. Further details on application.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,214 SF of adjacent space
- Kitchen
- Private Restrooms
- Double fronted unit
- Garden Space
- Three phase electricity supply
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 168-170 Fawcett Rd , Southsea, HAM PO4 0DW
| Property Type | Retail | Year Built | 1960 |
| Gross Leasable Area | 1,214 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,214 SF |
| Year Built | 1960 |
About the Property
Portsmouth 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 wider national motorway network. The property is situated on the western side of Fawcett Road in Southsea, which is an established retail location and a densely populated suburb of Portsmouth.
- Bus Line
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168-170 Fawcett Rd
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