Leisure to let - Former Pizza Hut, Binnacle Way, Portsmouth, PO6 4FB

<strong>Description</strong><br>The property comprises a purpose built standalone single storey (with raised ceiling) building, with brick and steel framed construction and curved metal roof. Internally the restaurant provides an attractive open plan setting to provide in excess of 100 covers. <br /> <br /> The site is broadly rectangular in shape and extends to approximately 0.538 acres (0.218 hectares).<br><br><strong>Situation</strong><br>The property is prominently located with Southampton Road (A27) to the north and Binnacle Way to the south. Premier Inn is located directly to the west and PureGym and Decathlon to the east.<br><br><strong>Planning</strong><br>The property is not listed, nor is it situated in a conservation area. The current use class consent is ‘E’-class.<br><br><strong>Business Rates</strong><br>The property has a 2023 Rateable Value of £104,000.<br><br><strong>EPC</strong><br>The property benefits from an Energy Performance Rating of B31. The EPC will be provided to interested parties upon request.<br><br><strong>Tenure</strong><br>The property is held freehold with vacant possession.<br><br><strong>Tenancy</strong><br>The property is available ‘to let’ on a new full repairing and insuring lease (term to be agreed).<br><br><strong>Rental Guide</strong><br>Our client is seeking rental offers in excess of £100,000 per annum.<br><br><strong>VAT</strong><br>The property is elected for VAT and therefore VAT will be payable on the rent.<br><br><strong>AML</strong><br>Regulations require Savills to conduct various checks on purchasers and tenants. Further details are available upon request.<br><br><strong>Viewing</strong><br>Formal viewings can be made strictly by appointment with Savills. We kindly request that no approaches are made to staff or the business directly.<br><br>