FLUDE GROUP LTD, Portsmouth

Kestrel Court, 77-79 High Street, Cosham, Portsmouth, Hampshire

From

£500,000

Size

3,172

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Frontage
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Key features

  • Located in busy suburb of Portsmouth
  • Strong and accessible location on high street
  • Three retail units, together with two residential flats
  • Open plan retail units
  • Airspace above sold off on long lease
  • Fully let with total income of £56,280 pa
  • Freehold, subject to the tenancies
  • Offers in excess of £500,000 stc (No VAT)
  • A purchase at this level would reflect a NIY of 10.5% after usual purchasers costs of 6.8%
  • Nearby occupiers include Peacocks, Greggs, Costa, Specsavers and Betfred

Description

The subject property comprises a single-storey mid-terrace building. The ground floor is arranged to provide three retail units, with two self-contained residential flats (1 x 1 bedroom and 1 x 2 bedroom) located to the rear and accessed via Dorking Crescent.

Part of the ground floor and airspace above the building benefits from planning permission for a residential development, but this element has been sold off on a long lease.
FLUDE GROUP LTD, Portsmouth

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Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Kestrel Court, 77-79 High Street, Cosham, Portsmouth, Hampshire

NEAREST STATIONS

National Rail

Cosham Station

0.13 miles

National Rail

Hilsea Station

1.14 miles

National Rail

Portchester Station

2.56 miles

About FLUDE GROUP LTD, Portsmouth

FLUDE GROUP LTD, 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 pressures of business.

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Disclaimer - Property reference 3671FH. 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 GROUP LTD, 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.