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61 Osborne Rd 1,603 SF of Retail Space Available in Southsea PO5 3LS
HIGHLIGHTS
- Central location within Southsea
- Occupiers in the vicinity including Waitrose, Queens Hotel, Southsea Coffee, Rapscallions and Rocka
- Commercial kitchen with existing extraction
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,603 SF | Negotiable | $27.06 /SF/YR $2.26 /SF/MO $43,377 /YR $3,615 /MO | Fully Repairing & Insuring |
Ground
The property is available to let by way of a new (effectively) full repairing and insuring lease, subject to vacant possession, for a term of 10 year leases with a five year break option and open market rent review (upward only) at a commencing rent of £32,500 per annum exclusive. The landlord requires a six month rent deposit and personal guarantor. A premium is sought for the fixtures and fittngs. Further details on request.
- Use Class: E
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Secure Storage
- Basement
- Demised WC facilities
- Hardwood Floors
- Commercial kitchen
- Open-plan dining area
- With approximately 52 covers
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 | 1,603 SF | Gross Leasable Area | 1,603 SF |
| Property Type | Retail | Year Built | 1880 |
| Total Space Available | 1,603 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,603 SF |
| Year Built | 1880 |
ABOUT THE PROPERTY
The property comprises a ground floor restaurant premises arranged to provide an open-plan dining area with approximately 52 covers, a bar, a fully fitted commercial kitchen to the rear, and customer WC facilities. Additionally, there is a basement storage area accessed via a trap door.
NEARBY MAJOR RETAILERS
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61 Osborne Rd
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