69 PORTLAND ROAD
AND 6 ADDISON PLACE
Location: The premises are set on the A215 Portland Road between the junctions with Coventry Road and Addison Road. The building is part of a parade, comprising of commercial property on the ground floor with residential property above. This location benefits from good transport links, with Norwood Junction in proximity and a number of bus routes passing directly outside of the building.
Description: The premises are a ground floor lock-up unit set in a parade which has previously been running as a builder’s merchants. It is comprised of a main sales area, with a warehouse area to the rear which has a toilet and kitchenette. There is vehicle access to the side which also provides parking. This unit would suit a wide range of operators.
Accommodation: (69) Sales area: approx. 770 sq. ft. (71.56 m2)
(6) Warehouse area: approx. 2055 sq. ft. (190.99 m2)
Terms: The unit is available to let on a new lease for a term to be agreed at a commencing rent of £20,000.00 per annum, other terms negotiable.
VAT The property is not registered for VAT.
Use: The unit benefits from the new flexible ‘E’ class use, and would be suitable for most high street-based operators including retailers, coffee shops, bakers, micro pub or similar
As of 1st September 2020, the use classes which previous encompassed A1 retail, A2 professional services, B1 offices, A3 restaurants, as well as some D1 users such as health clinics and day nurseries and D2 occupiers such as, gyms/yoga centres all merge to create new commercial use class ‘E’.
Rates: Rateable Value £11,500.00
Small business rates relief may apply to these premises.
Viewing: By appointment via Galloways Commercial on 020 8678 8888.