Shop/Retail unit For Sale or To Let in Southsea

1 Ascot House

82 Elm Grove Southsea Hampshire PO5 1LN

Ground Floor: 114 sq.m/1,224 sq.ft
Total Floor Area: 114 sq.m/1,224 sq.ft




Last updated: 08 Oct 2021 Ref: 1AscotHouse82Elm

Property Description

The property comprises a modern ground floor retail unit with paritioned meeting/ storage rooms a toilet and a kitchen with rear pedestrian access. The property benefits from a prominent frontage onto Elm Grove. Awaiting EPC.

Specification and floor areas

  • Net Internal Floor Area
Measurementimperialmetric
Ground Floor1,224 sq.ft114 sq.m
Total Floor Area 1,224 sq.ft 114 sq.m

Financials

For sale and to let: (subject to contract)

  • Rent on application
  • Price £200,000 equating to £163 psf
  • The long leasehold (999 years from 27th July 2006) interest is availiable to purchase with the benefit of an occupational lease. We are advised by the current owner that the property is let to a Limtied company with a current passing rent of £8,000 pax on a five year term, commencing on the 1st January 2018. The property is considered to have an

Agent's Disclaimer

For the Lessors or Vendors of this instruction, whose Agents they are, give notice that; These particulars are set out as general guidance only to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Lessees, Purchasers or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Holloway Iliffe & Mitchell has any authority to make any representation or warranty whatsoever in relation to this property.


There are no plans available to view for this property. Contact the agent for further information.

Property Location

The property occupies an established position along Elm Grove a short distance from the centre of Southsea. Nearby occupiers include; The CoOp, Mr Tee Removals, Scoops Gelato and Huis bar together with a range of other independent shops, restaurants and takeaways.

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Agents Contact Details

Name: Nick Holtby
Company: Holloway Iliffe & Mitchell
Address: 10 Acorn Business Park Northarbour Road Portsmouth Hampshire PO6 3TH
Email:
Email the agent
Direct Dial: (023) 9237 7800
Mobile: 07508 453056





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