Shop/Retail unit For Sale or To Let in Lee-on-the-Solent

Beach front restaurant wedding venue

15 Marine Parade West Lee-on-the-Solent Hampshire PO13 9LW

Ground Floor: 393 sq.m/4,229 sq.ft
Total Floor Area: 393 sq.m/4,229 sq.ft




Last updated: 03 Aug 2020 Ref: 15MarineParadeWe

Property Description

The subject premises situated on a level plot adjacent to the Solent Beach Path running along the front of the property. The premises comprise a panorama lounge which is used for weddings and functions and can seat up to 180 people. The structure comprises glazing all the way around with retractable roof blinds revealing more glazing. Centrally located to the site is the main restaurant, which is of a conventional brick and block construction under a tile pitched roof, this houses the main restaurant area which can seat up to 80 people, along with kitchens and WC facilities. Again there is a panoramic element to this building fronting the beach-front. This building leads on to the kiosk and further kitchen areas which serves ice creams and drinks. Again this is a traditional build of brick and block construction under a tile pitched roof. To the front of the site is a large terrace which can increase seat capacity by a further 120 people. To the rear of the site there are out-buildings used for storage, along with an office. Awaiting EPC.

Specification and floor areas

  • Net Internal Floor Area
Measurementimperialmetric
Ground Floor4,229 sq.ft393 sq.m
Total Floor Area 4,229 sq.ft 393 sq.m

Financials

For sale and to let: (subject to contract)

  • Rent on application
  • Price £1,250,000 equating to £296 psf
  • Available on the remainder of a long leasehold interest of 99 years from 16th January 2007 at a rent of 5% of net takings or a minimum of £10,000 per annum. Please note that the property is available as a going concern, a full list of equipment and accounts is available upon request.

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 subject premises is situated in the outstanding location on Lee-on-the-Solent waterfront with fantastic views over the Solent and beyond. The premises themselves are situated on the waterfront adjacent to the Solent Beach Path and can be accessed off Marine Parade West and adjacent to Osborne Road.

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Agents Contact Details

Name: Tom Holloway
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: (023) 9237 7800





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