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Assignment Highlights

  • Strong trading position just off Commercial Road
  • Multiple nearby bus routes
  • Excellent visibility to both pedestrians and passing traffic
  • In a densely populated area

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Type
  • Ground, Ste PREMIER
  • 1,012 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Fully Repairing & Insuring
Space Use
Retail
Availability
Now

This sale represents an assignment of Leasehold for £175,000 This well presented Premier branded convenience store has been established for one year and has rapidly built a loyal customer base within the local community. The shop is arranged to a high standard, with modern shelving, refrigeration units, and point of sale branding consistent with Premier’s national retail image. The business offers an extensive range of convenience products, including everyday groceries, chilled and frozen items, confectionery, soft drinks, tobacco, snacks, household goods, newspapers, and general provisions.

  • Use Class: E
  • Assignment space available from current tenant
  • Private Restrooms
  • Drop Ceilings
  • Recessed Lighting
  • Energy Performance Rating - D
  • Newly fitted-out store
Space Size Term Rental Rate Rent Type
Ground, Ste PREMIER 1,012 SF Negotiable Upon Request Upon Request Upon Request Upon Request Fully Repairing & Insuring

Ground, Ste PREMIER

Size
1,012 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Fully Repairing & Insuring
Space Use
Retail
Availability
Now

This sale represents an assignment of Leasehold for £175,000 This well presented Premier branded convenience store has been established for one year and has rapidly built a loyal customer base within the local community. The shop is arranged to a high standard, with modern shelving, refrigeration units, and point of sale branding consistent with Premier’s national retail image. The business offers an extensive range of convenience products, including everyday groceries, chilled and frozen items, confectionery, soft drinks, tobacco, snacks, household goods, newspapers, and general provisions.

  • Use Class: E
  • Assignment space available from current tenant
  • Private Restrooms
  • Drop Ceilings
  • Recessed Lighting
  • Energy Performance Rating - D
  • Newly fitted-out store

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

Total Space Available 1,012 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 1,320 SF
Year Built 1960

About the Property

The business occupies a strong trading position just off Commercial Road, one of Portsmouth’s principal retail thoroughfares and the city’s main shopping destination. Commercial Road forms part of Portsmouth’s central commercial district, linking key destinations such as Cascades Shopping Centre, Portsmouth & Southsea Railway Station, and the surrounding residential neighborhoods. The store benefits from excellent visibility to both pedestrians and passing traffic, with multiple nearby bus routes enhancing accessibility for customers. The surrounding area is densely populated, supported by a strong mix of students, professionals, families, and visitors.

  • Bus Line
  • Freeway Visibility
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Listing ID: 39922242

  • Date on Market: 3/26/2026

  • Last Updated:

  • Address: 334 Commercial Rd, Portsmouth PO1 4BT

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