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UNDER OFFER

84 London Road, Portsmouth, Hampshire, PO2 0LZ

From
£500,000

£185.46 per sq ft

Business rates & charges may apply

Flude Property Consultants, Portsmouth
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

Retail and Residential Investment Opportunity

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

About Flude Property Consultants, Portsmouth

114 Kingston Crescent, Portsmouth, PO2 8AL

Flude Property Consultants, Portsmouth

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

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Disclaimer - Property reference 4382FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Flude Property Consultants, Portsmouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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