Portslade, BN41 1GA
Lease Assignment
This prominent corner property is set on busy Station Road/Boundary Road thoroughfare in Portslade, a short distance south of the mainline train station. Nearby multiple occupiers include Tesco, KFC, Iceland, Boots, Greggs, Ladbrokes, as well as other independent restaurants and retailers.
Premises comprise a corner ground floor retail/office unit with a first floor office, kitchen and WC's and at the rear, a secure lower ground floor store and three parking spaces accessed from Vale Road.
• Suspended ceiling with LED lighting
• Air conditioning
• Kitchen
• 2 x WC's
• Store
• 3 car parking spaces
The accommodation comprises the following approximate net internal floor areas:
Description | sq ft | sq m |
---|---|---|
Ground Floor | 398 | 36.98 |
First Floor Office | 260 | 24.15 |
Kitchen | 49 | 4.55 |
Lower Ground Floor Store | 273 | 25.36 |
Total | 980 | 91.04 |
An assignment of the existing lease expiring in April 2026 is available, at a current rent £22,000 per annum. Consideration may be given by the freeholders to a new lease term.
VAT is not applicable on the terms quoted.
Each party will be responsible for their own legal costs.
£22,000 per annum exclusive
Rateable Value of £10,000 with a UBR of 49.9 p in £. 100% small business rates relief is available subject to a tenant's status
This property has been graded as C (72)