U1, 244-248 COMMERCIAL ROAD - Savills
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SUBJECT TO VACANT POSSESSION UP TO 18,569 SQ FT AVAILABLE FROM JULY 2020 U1, 244-248 COMMERCIAL ROAD Portsmouth Key Highlights • Large and modern retail premises over • Well-configured open floor plates with ground, first and second floors. excellent floor to ceiling heights. • Available as a whole or various split • Suitable to retail and gym occupiers options available, subject to planning. (STP). • HMV now open in unit adjacent. SAVILLS BRISTOL Embassy House, Queens Avenue, BS8 1SB +44 (0) 117 910 2200 savills.co.uk
Location & Description Portsmouth is a coastal city located in Hampshire. It has a primary catchment population in excess of 500,000 people. The city is home to the Royal Navy and is a major international sea port. Consumer spending is boosted by tourism each year, which is estimated at c.£39 million per annum (PMA, 2019). Commercial Road is the prime retail pitch of Portsmouth city centre. The subject property is located at the northern end of Commercial Road close to the entrance of the Cascades Shopping Centre. HMV are now open in the unit next door. Other retailers in close proximity include Greggs, Savers, KFC, Subway, TUI, Poundland and Specsavers. Directly behind the premises is a 74-space public car park. The premises as a whole are available from July 2020 subject to vacant possession. Combined, the premises offer one large, wide, retail unit with additional sales at first and second floors. Accommodation Various split options are available (subject to vacant possession) to offer accommodation up to 18,569 sq ft over ground, first and second floors. Approximate net internal areas are below: AREA SQ FT SQ M Ground Floor Sales 9,587 890.7 First Floor Sales 9,567 888.8 Second Floor Sales 7,090 658.7 Rates Plans and further details are available on request. Rateable Value £175,000 Terms UBR (2019/20) 50.4 p/£ The premises are available to let on a new lease for a Experian Goad Plan Created: 23/01/2020 term to be agreed, on a full repairing and insuring basis. Rates Payable £88,200 Created By: Savills 50 metres Quoting Rent Interested parties are to make their own Copyright and confidentiality Experian, 2020. © Crown enquiries with For more information on our products and services: the Local Rating Authority. www.experian.co.uk/goad | goad.sales@uk.experian.com | 0845 601 copyright and database rights 2020. OS 100019885 Rent on application. 6011 Planning Legal Costs Each party to be responsible for their own legal and Various uses will be considered on a subject to planning professional costs incurred in this transaction. basis. EPC Viewing All viewings and further information through the D(82). landlords letting agents. Contact Alex Kalebic Nicola Pring +44 (0) 117 910 2217 +44 (0) 117 910 2355 akalebic@savills.com npring@savills.com IMPORTANT NOTICE Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | April 2020
Ground Floor Plan (Possible Split Option) Ground Floor Only Retail Unit with Entrance to Gym at First Floor GROUND FLOOR HMV RETAIL UNIT (In Occupation) 2 396 sqm - 4,260 sqft 465 sqm - 5,003 sqft LIF T AREA - 27 SQM - 290 SQFT GYM ENTRANCE GROUND FLOOR PLAN SAVILLS BRISTOL Embassy House, Queens Avenue, BS8 1SB +44 (0) 117 910 2200 savills.co.uk
NOTE · DO · ALL · ALL PER · THI First Floor Plan (Possible Split Option) First Floor Gym - Accessed from first floor entrance on Commercial Road HMV 1st FLOOR GYM TO LET (In Occupation) 644 SQM - 6,929 SQFT 205 SQM - 2,205 SQFT HMV 1st FLOOR GYM REVI TO LET (In Occupation) 205 SQM - 2,205 SQFT 644 SQM - 6,929 SQFT No. LIF T REVIS No. LIF T FIRST FLOOR PLAN Second Floor Plan (Possible Split Option) Second Floor Gym FIRST FLOOR PLAN clien SRE proje UNI client POR SRE title projec PRO UNIT & SE POR scale title 2nd FLOOR GYM TO LET 659 SQM - 7,090 SQFT 1:20 PRO &date SE0 draw scale 2nd FLOOR GYM TO LET 107 1:20 659 SQM - 7,090 SQFT date 0 drawi 107 SECOND FLOOR PLAN SAVILLS BRISTOL Embassy House, Queens Avenue, BS8 1SB SECOND FLOOR PLAN +44 (0) 117 910 2200 savills.co.uk
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