The premises previously traded as a florist shop . The premises has the following approximate floor areas, measured on a net internal basis:

Total Area 9.2 sq m 99 sq ft.

The premises are being offered by way of a new 6-year tri-partite lease. The lease will be contracted out of the security of tenure and provisions of the 1954 Landlord & Tenant Act. Standard Railway Lease Terms will apply. The lease will not permit assignment or sub-letting.
If the tenant requires a longer lease then subject to Network Rail Infrastructure Limited, a longer term may be available. The incoming tenant will be expected to pay the landlord and if a longer lease is required, the superior landlords costs associated with the grant of this lease.

The landlord is seeking Minimum Guaranteed Rental offers in the region of £10,000 per annum along with supporting turnover rent provision. Subject to the landlord's formal approval, a rent free period may be available for the tenant undertaking agreed investment to the premises.

The landlord is seeking a high quality retail offer. In order for a letting to proceed, the landlord will need to approve the proposed tenant’s references as part of the letting process. Amey TPT makes a non-refundable reference charge of £75 plus VAT.

The tenant will be responsible for all utilities. Should the landlord permit use of the station bins then the tenant will pay towards the costs of refuse collection.

The tenant shall make a contribution towards the landlord’s building insurance of £410 per annum plus vat.

There is currently no service charge for the premises but the landlord reserves the right to introduce any service charge in the future.

Shopfit works will need to be undertaken by professional qualified contractors. The incoming tenant will be required to provide detailed annotated shop fit plans and signage proposals demonstrating a high quality shopfit. The works and signage will require the Landlord's consent and technical consent of the Superior Landlord, Network Rail Infrastructure Limited. Interested parties should contact the local authority for further information regarding listed building consents to works to the premises.

The payment of business rates will be the responsibility of the tenant. A search on HM Government website has been unsuccessful in finding the premises within the Rating List. Interested parties should contact Portsmouth City Council for further information.
*An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.

The premises are rated D.

For further details relating to this property please contact us:

Ian Chalmers – Account Manager
Email: ian.chalmers@amey.co.uk
Tel: 020 7921 2935

John Owootomo – Assistant Project Manager
Email: john.owootomo@amey.co.uk
Tel: 075 4810 7712