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69 Castle Rd 799 SF of Retail Space Available in Southsea PO5 3AY
Highlights
- Heavy daytime foot traffic
- Prime location
- Excellent connectivity
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 799 SF | Negotiable | $41.80 /SF/YR $3.48 /SF/MO $33,395 /YR $2,783 /MO | Fully Repairing & Insuring |
Ground
The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed, at a commencing rent of £25,000 per annum exclusive. The landlord is seeking a premium of £10,000 for the existing fixtures and fittings. The landlord is also considering selling the freehold interest. Please enquire with the agent for further details. The property comprises a ground floor commercial unit fitted as a restaurant, benefitting from extraction, a bar area, and an external courtyard suitable for customer seating.
- Use Class: E
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Large shopfront window
- Lots of natural light
- Modern interior
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 | 799 SF | Gross Leasable Area | 1,057 SF |
| Property Type | Retail | Year Built | 1895 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 799 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,057 SF |
| Year Built | 1895 |
About the Property
Southsea is a busy and attractive area within Portsmouth, which is located approximately 19 miles south east of Southampton and 70 miles south west of London. The property in located on the eastern side of Castle Road, a popular area of Southsea which is home to a variety of independent shops, bars and restaurants.
- Bus Line
- Security System
Nearby Major Retailers
Presented by
69 Castle Rd
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