* Leasehold
**Key Points**
* Modern Premises
* Prominent Position
* Kitchen and Toilet Facilities
* Close to Southsea Town Centre
* Erv of £15, 000 pax
**Description**
The property comprises a modern ground floor retail unit with paritioned
meeting/ storage rooms a toilet and a kitchen with rear pedestrian access. The
property benefits from a prominent frontage onto Elm Grove.
**Viewings**
Strictly by appointment only with sole agents Holloway Iliffe and Mitchell.
**Location**
The property occupies an established position along Elm Grove a short distance
from the centre of Southsea. Nearby occupiers include; The CoOp, Mr Tee
Removals, Scoops Gelato and Huis bar together with a range of other
independent shops, restaurants and takeaways.
**Terms**
The long leasehold (999 years from 27th July 2006) interest is availiable to
purchase with the benefit of an occupational lease. We are advised by the
current owner that the property is let to Alison Gardiner Designs Ltd on a 5
year lease at a passing rent of £12, 000 pax, commencing on the 1st January
2023. The Lease is available on request.
The property is considered to have an Estimated Rental Value (erv) of £15, 000
pax.
The property is available to purchase at a guide price of £165, 000.
Unless stated otherwise all prices are exclusive of VAT.
**EPC**
C52