84 London Road, Portsmouth, Hampshire, PO2 0LZ
- SIZE AVAILABLE
2,696-4,343 sq ft
250-403 sq m
- SECTOR
Commercial property for sale
Key features
- Well located within an established retail location and densely populated suburb of Portsmouth
- Prominent corner building
- Large ground floor retail unit - 2,696 sq ft
- Two self-contained flats above
- Total passing rent is £49,640 per annum
- Asset management opportunity to re-gear the tenancies and potential to develop the property further
- ERV around £55,400 pax
- Offers in excess of £500,000
- Reversionary yield of 10.5% based on ERV
- Nearby occupiers include Iceland, Poundland and Jefferies Estate Agents
Description
Brochures
84 London Road, Portsmouth, Hampshire, PO2 0LZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hilsea Station1.2 miles
- Portsmouth & Southsea Station1.3 miles
- Fratton Station1.4 miles
Flude Property Consultants is a regional independent firm of Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors (RICS) who specialise in advising clients with commercial property interests.
Our main areas of expertise are commercial property agency, lease advisory (rent reviews, lease renewals and lease re-gears), property management, valuation, rating, investment and development property.
We are a commercially minded practice who understand the needs and
Notes
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