Licensed Leisure Former Grosvenor Casino 18 Osborne Road, Southsea, Portsmouth, PO5 3LT To Let - In Full or In Part
New ‘Free of Tie’ Lease Available Prominent position in popular boutique Southsea location Pub (A4), Restaurant (A3) and Retail (A1) Potential (STP) Over 30,000 sq ft of trading space available
Savills 2 Charlotte Place Southampton SO14 0TB
+44 (0) 23 8071 3900 savills.co.uk
Location
Internal Description
The former Grosvenor Casino is located on Osborne Road at The ground floor provides a large trading area, formerly used as its junction with Clifton Road. Osborne Road is a retail and casino space. The first and second floors comprise large trading restaurant area within Southsea. The property is located less areas with the former providing a large open plan bar area. The than 0.5 mile (5 minute walk) away from Palmerston Road, the trading areas benefit from high ceilings and retain many original main leisure and trading area of Southsea. National operators features. A stairway from the second floor leads to the third floor, 50 metres here include Debenhams, J D Wetherspoon, Tesco Express, comprising former office space. Subway and Costa. Copyright and confidentiality Experian, 2016. © Crown and GIA database Thecopyright approximate is outlined below. rights 2016. OS 100019885 The property is located 0.5 mile (9 minute walk) from the Floor Area (Sq M) Area (Sq ft) promenade, one of the key hovercraft routes across to the Isle of Basement 22.03 237 Wight, and adjacent to the promenade which is a popular tourist destination, primarily in the summer. Osborne Road, Palmerston Ground Floor 917.76 9,879 Road and Albert Road all form one of Portsmouth’s key leisure First Floor 1,010.20 10,874 circuits. Second Floor 1,053.42 11,339
Description
Third Floor
164.39
1,770
The subject property is detached and arranged over ground, first, second and third floor. There is also a small basement. The building is four storeys in height and elevations are of primarily red brick construction with some rendered surfaces. The building offers a prominent frontage to Osborne Road and Clifton Road provides access to the rear of the property.
Total
3,167.80
34,099
Rating The subject property is listed in the 2010 Rating List with a Rateable Value of £69,250. Note that this may change subject to a new rating assessment. The National Multiplier for England and Wales for 2016/17 is £0.497.
NOTE:- 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. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
Planning
Energy Performance
The building is not listed but lies within the Owens Southsea (2) conservation area.
The subject property has been given a ‘D77’ Rating. The EPC will be made available to seriously interested parties upon request.
Licences
Rental Guide
The property has lost its Premises Licence.
Rental offers are invited for a new lease on whole or part. The landlord will provide ingoing incentives.
For a viewing, strictly by appointment with Savills. Adam Bullas
[email protected] 023 8071 3957
James Greenlees
[email protected] 023 8071 3986
Important Notice 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 | October 2016