U1, 244-248 COMMERCIAL ROAD - Savills

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U1, 244-248 COMMERCIAL ROAD - Savills
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
U1, 244-248 COMMERCIAL ROAD - Savills
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
U1, 244-248 COMMERCIAL ROAD - Savills
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
U1, 244-248 COMMERCIAL ROAD - Savills
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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