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90 Kingston Crescent, Portsmouth

£335,000

£157.87 per sq ft

Business rates & charges may apply

Trafalgar Property Consultancy, Gosport
SIZE AVAILABLE

2,122 sq ft

197 sq m

SECTOR

Commercial property for sale

Key features

  • Pizza Hut tenant secured
  • 20-year lease term
  • £22,500 annual rent
  • FRI lease agreement
  • 6.7% net initial yield
  • Prime Portsmouth location
  • 2,122 sq ft space
  • Investment opportunity
  • Long-term income potential
  • Viewing recommended

Description

We are pleased to present an exceptional investment opportunity located at 90 Kingston Crescent, Portsmouth. This substantial property spans an impressive 2,122 square feet and is currently occupied by the well-known tenant, Pizza Hut.

The property is available for sale with a secure 20-year lease that commenced on 31st August 2023, providing a stable income stream for the discerning investor. The annual rent is set at £22,500, which offers a net initial yield of 6.7%. This attractive yield reflects the strong demand for commercial properties in this vibrant area.

The FRI (Full Repairing and Insuring) lease structure ensures that the tenant is responsible for all repairs and insurance, further enhancing the appeal of this investment. With Pizza Hut as a tenant, you can be assured of a reliable and established business occupying the premises, which adds to the overall security of your investment.

Situated in a bustling location, this property benefits from high foot traffic and excellent visibility, making it an ideal choice for those looking to invest in the commercial property market. Whether you are an experienced investor or new to the field, this opportunity at 90 Kingston Crescent is not to be missed.

For further details or to arrange a viewing, please do not hesitate to get in touch.

Brochures

90 Kingston Crescent, Portsmouth

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Portsmouth & Southsea Station1.1 miles
  • Fratton Station1.2 miles
  • Hilsea Station1.4 miles

About Trafalgar Property Consultancy, Gosport

Unit 5 Quay Side Commerce Centre, Fareham, PO16 0XR

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 34902669. 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.

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