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Handleys Corner 44-66 Palmerston Rd 2,980 sq ft of Retail Space Available in Southsea PO5 3QG

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HIGHLIGHTS

  • Conversion works well advanced.
  • Prime town centre location.
  • Last unit remaining.
  • Ground floor commercial space.
  • Suitable for a variety of uses.
  • Other units occupied by a gym, vets and doctors surgery.

SPACE AVAILABILITY (1)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • TYPE
  • Ground
  • 2,980 sq ft
  • Negotiable
  • £18.46 /sq ft pa £1.54 /sq ft pcm £55,000 pa £4,583 pcm
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Fit-Out
Availability
22/12/2025

Conversion of the existing former department store building is underway to provide a mixed use scheme with commercial space at ground floor level and residential apartments over the upper floors. The scheme will preserve key architectural assets such as entrances, stairwells and glazing. Part of the commercial space at ground floor level is set to be occupied by a GP surgery and pharmacy. The remaining space is capable of occupation as a whole or in part.

  • Use Class: E
  • Partially Fit-Out as Standard Retail Unit
  • Located in-line with other retail
  • Private Restrooms
  • Display Window
  • Professional Lease
  • Available as whole or in part
  • New lease available
  • New retail space
Space Size Term Rate Type
Ground 2,980 sq ft Negotiable £18.46 /sq ft pa £1.54 /sq ft pcm £55,000 pa £4,583 pcm Fully Repairing & Insuring

Ground

Size
2,980 sq ft
Term
Negotiable
Rate
£18.46 /sq ft pa £1.54 /sq ft pcm £55,000 pa £4,583 pcm
Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Fit-Out
Availability
22/12/2025

Conversion of the existing former department store building is underway to provide a mixed use scheme with commercial space at ground floor level and residential apartments over the upper floors. The scheme will preserve key architectural assets such as entrances, stairwells and glazing. Part of the commercial space at ground floor level is set to be occupied by a GP surgery and pharmacy. The remaining space is capable of occupation as a whole or in part.

  • Use Class: E
  • Partially Fit-Out as Standard Retail Unit
  • Located in-line with other retail
  • Private Restrooms
  • Display Window
  • Professional Lease
  • Available as whole or in part
  • New lease available
  • New retail space

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS

Total Space Available 2,980 sq ft
Property Type Retail
Property Subtype Shopfront Retail / Residential
Net Internal Area (NIA) 11,500 sq ft
Year Built 2025
Parking Allocation 9.13/1,000 sq ft
Construction Status Under Construction

ABOUT THE PROPERTY

Conversion of the existing former department store building is underway to provide a mixed use scheme with commercial space at ground floor level and residential apartments over the upper floors. The scheme will preserve key architectural assets such as entrances, stairwells and glazing. Part of the commercial space at ground floor level is set to be occupied by a GP surgery and pharmacy. The remaining space is capable of occupation as a whole or in part.

NEARBY MAJOR RETAILERS

Coffee #1
Costa Coffee
Sainsbury's
Iceland
Waitrose & Partners
Slug & Lettuce
Lounges
Barclays Bank
Co-op
Spar
  • Listing ID: 31596238

  • Date on Market: 24/04/2024

  • Last Updated:

  • Address: 44-66 Palmerston Rd, Southsea PO5 3QG

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