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87 High Street and 2a Milvil Road, Lee-On-The Solent

£275,000

£315.37 per sq ft

Business rates & charges may apply

Trafalgar Property Consultancy, Gosport
SIZE AVAILABLE

872 sq ft

81 sq m

SECTOR

Mixed use property for sale

Key features

  • Investment for Sale
  • Great Location
  • Well position corner property

Description

Investment Opportunity - 187 High Street & 2a Milvil Road, Lee-on-the-Solent

This prominently positioned corner property presents an attractive investment opportunity in the heart of Lee-on-the-Solent. Comprising two separate commercial units with frontage to both the High Street and Milvil Road, the property is part of a shared freehold arrangement and benefits from high visibility in a bustling coastal location.

Both units are currently let to long-established and well-regarded bespoke retailers, generating a total annual rental income of £20,500. This investment offers stable returns and potential for long-term capital growth.

Offered at £275,000, this opportunity reflects a Net Initial Yield (NIY) of 7.4%.

Brochures

87 High Street and 2a Milvil Road, Lee-On-The Solent

Approximate location
Open map

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Fareham Station3.5 miles
  • Portsmouth Harbour Station4.3 miles
  • Portchester Station4.7 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 RM059. 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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