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South Park Court

Offers in Region of
£1,750,000

£2168.53 per sq ft

Business rates & charges may apply

Trafalgar Property Consultancy, Gosport
SIZE AVAILABLE

807 sq ft

75 sq m

SECTOR

8 bedroom mixed use property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Investment has four flats
  • Great Location
  • Two ground floor commercial units

Description

The development was completed in 2008 by our client and has been maintained to a high standard. The development has been very well maintained and consists of 26 flats and two commercial units on the ground floor.

This mixed used investment has four flats and two commercial units together with the long leasehold ground rent income.

Lease details:
Commercial total rental income £86,904. Price £975,000 reflecting a NIY 9.9%


Commercial unit A: Leased to Majestic Wine Warehouse Ltd

Term 15 years

Lease date 31/5/13

Rent £43,904 per annum




Commercial unit B: Leased to Beach Leisure Ltd

Term 15 years

Lease date 12/12/12

£43,000 per annum


Residential:
Four open market residential flats (two with parking) currently let on AST's Price £750,000

Flat 2 Let on an AST

Flat 16 Let on an AST

Flat 22 Let on an AST with parking

Flat 23 Let on an AST with parking

Brochures

South Park Court

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Havant Station0.3 miles
  • Bedhampton Station0.6 miles
  • Warblington Station0.8 miles

About Trafalgar Property Consultancy, Gosport

Unit 15 Cooperage Green Weevil Lane, Gosport, PO12 1FY

Trafalgar Property Consultancy, founded in April 2012 by Graham Jacobs, is your trusted partner in the south central property markets. Graham Jacobs, a registered valuer with the Royal Institution of Chartered Surveyors (RICS) and a BSc (Hons) graduate in Land Management from Portsmouth University, brings over 30 years of industry expertise to our firm.

With a rich history of working with major residential and commercial property companies, Graham's deep knowledge and unwavering commitment to excellence are the cornerstones of Trafalgar Property Consultancy. Our services are designed to provide you with strategic insights and tailored solutions in property investment, development, and asset management.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference RM040. 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 Trafalgar Property Consultancy, Gosport. 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.

Map data ©OpenStreetMap contributors.

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