The property comprises 4 retail units, 3 of which are currently let to Yorkshire Building Society, STA Travel Ltd and Fexco Ltd producing an annual passing rent of £89,500. The occupied units have an unexpired term of just over 5 years with rent reviews due in 2019 for both the Yorkshire Building Society and STA Travel providing an opportunity to improve the rental income.
The property sits at the southern end of Commercial Road, Portsmouth approximately 150m away from Portsmouth & Southsea Station and in the vicinity of multiple new student developments in the city centre.
( Agency Pilot Software Ref: 3181 )
Internally, the property is configured to provide office space and cells for police use and will therefore require comprehensive refurbishment to convert it to an alternative use or would provide an excellent opportunity for redevelopment (STPP).
( Agency Pilot Software Ref: 2042940 )
Key Points
Vacant & Cleared SiteProminent PositionHarbour ViewsSummary
DEVELOPMENT OPPORTUNITY
Description
The existing property comprises a vacant and cleared site extending to approximately 0.38 acres. The site, accessed directly from Southampton Road, is predominantly surrounded by residential properties. Whilst there is no current planning for the site, it offers significant opportunities for development, subject to any necessary planning consents.
Viewings
Location
This prominent development site is located on Southampton Road (A27) leading to Portchester and Fareham to the west and Portsmouth to the east. Access to the M27 is via junction 12 which is within approximately 1 miles (1.6km). The property offers convenient access to Port Solent and Portsmouth Retail Park.
Terms
Freehold - Offers Invited
Specifications
Public_website_link
Business Rates
You are advised to confirm the rates payable with the local council before making a commitment.
Other Costs
Each party to be responsible for their own legal costs incurred in the transaction. Unless stated, all prices are quoted exclusive of VAT
Key Points
Busy Road FrontageRear Loading FacilitiesStaffroom FacilitiesFlats LetSummary
LARGE GROUND FLOOR LOCK-UP SHOP WITH 2 x 2 BED FLATS
Description
The property currently offers ground floor retail, office, sales and storage with two self-contained flats above. Both flats have two bedrooms. The ground floor area is internally fitted with demountable stud partitioning to create the various elements of the building. To the left hand side of the front, a small lock up shop has been created within the main shop area, with a self contained shop front, electric sub-meter and WC. The remaining part of the ground floor is used predominantly as an office/reception, staff room and storage, which benefit from having a suspended ceiling with a mix of flush and fluorescent strip lighting. This can be opened up to provide an open plan space if required. The property is fitted with separate ladies and gents WCs and staffroom/ kitchenette facilities. To the rear the property has vehicular access and loading facilities from Winton Road with access into the unit via a concertina loading door.
Viewings
Location
Copnor Road is a busy route within Portsmouth leading from Hilsea and connecting with Copnor Bridge to the south. The premises are situated close to the junction with Burrfields Road on the western side of Copnor Road.
Terms
£450,000 for the freehold, exclusive of VAT. Please note the ground floor shop is currently owner occupied and the two flats are tenanted on ASTs producing the following income: 271A: £700 pcm 273A: £725 pcm Joint annual income: £17,100 per annum
Specifications
Public_website_link
Accommodation
No. 271 (Left Unit) Net Internal Sales Area 36 sq.m / 385 sq.ft Sperate WC. No. 273 (Right Unit) Net Internal Sales Area 31 sq.m / 333 sq.ft Rear Office 30.89 sq.m / 333 sq.ft Office 16.19 sq.m / 174 sq.ft Staff Room 15.24 sq.m / 164 sq.ft Seperate WC Inner Lobby 3.59 sq.m / 39 sq.ft Store 22.64 sq.m / 244 sq.ft Seperate WC & Lobby Inner Store 9.29 sq.m /100 sq.ft Rear Store 20.08 sq.m / 216 sq.ft Rear Loading Bay 18.76sq.m / 202 sq.ft Net Internal Area 167.69 sq.m 1,805 sq.ft Total Net Internal Area 203.69 sq.m / 2,193 sq.ft
Key Points
Mixed Residential & Commercial TenantsAsset Management OpportunitiesSummary
RETAIL & RESIDENTIAL INVESTMENT
Description
The property is a mid-terrace building with 2 commecial shops on the ground floor with 3 residential flats above and behind. Shop 103 is currently occupied by a gents hairdressers / barbers, with shop 105 being occupied by a fast food takeaway. The flats are all accessed from street level via a separate access point. The flats comprise of 1 x bedsit at ground floor level, 1 x one bedroom flat at first floor level comprising a bathroom, living room, bedroom & kitchen and 1 x two bedroom flat over two floors providing 2 bedrooms, a kitchen, living room & bathroom.
Viewings
Location
The subject property is situated on the western side of Fratton Road, a short distance from the Bridge Shopping Centre. Fratton Road is one of the main arterial routes into and out of Portsmouth, connecting to the M27 towards the north.
Terms
£400,000 for the freehold exclusive of VAT. The property is to be sold with the benefit of commercial leases in place on the ground floor and ASTs on the residential aspect. Total income for the building is £31,200 per annum, which represents an initial yield of 7.8%. Tenancy schedule available upon request.
Specifications
Public_website_link
Accommodation
Shop 103 24.18 sq.m 260 sq.ft Shop 105 Sales area 43.73 sq.m 471 sq.ft Kitchen / preparation area 13.73 sq.m 148 sq.ft Basement / store 30.39 sq.m 327 sq.ft Total 87.85 sq.m 946 sq.ft Ground floor rear - 103a - bedsit 103b - 2 bedroom flat 103c - 1 bedroom flat
Key Points
FreeholdGround Floor Commercial PremisesSelf Contained 1 Bed Flat AboveWould Suit Investor / Owner OccupierSummary
GROUND FLOOR RETAIL UNIT WITH FLAT ABOVE
Description
The property comprises a two-storey semi-detached building. The ground floor is configured as a retail unit, with main retail area and two interconnecting office/storage spaces, which lead to a courtyard with access onto Clive Road. The first floor is arranged as a one bedroom flat, which has direct access from Clive Road.
Viewings
Strictly by appointment with sole agents
Location
The property is located on Fratton Road, a main thoroughfare to Portsmouth City Centre and Fratton Railway Station. The property offers convenient access to the nearby M27/A27, and A3M road network, rail service to London Waterloo (approximately 1 hour 20 minutes) and Continental Ferry Port offering extensive passenger and freight services.
Terms
Freehold - Offers in excess of £175,000
Specifications
Ground Floor Main Retail Area Ground Floor Office Ground Floor Rear Office/Store Ground Floor Storage Room First Floor Kitchen Living Area Rear Bedroom Bathroom
Public_website_link
Other Costs
Each party to be responsible for their own legal costs incurred in the transaction. Unless stated, all prices are quoted exclusive of VAT.
(From Caldes Software. Property Ref: N1459. Apr 17 2019 5:36PM)
Former St John Ambulance Training Centre For Sale
Location
The property is located within the Charles Dickens Conservation Area. The Conservation Area is distinctively characterized by a cobbled street, Victorian street lighting, bollards and retains the original tram tracks. Portsmouth and Southsea Railway Station is under a mile to the south of the property providing regular services direct into London Waterloo. Gunwharf Quays is approximately 1.5 miles from the property. Immediately adjacent to the property is a Morrisons superstore, Dreams Beds, Portsmouth International Port and HM Royal Naval Base. The property is to the south east of the A3/M275 linking directly into the M27 with Brighton (A27) to the east and Southampton Airport (approximately 19 miles) to the west. Cascade Shopping Centre and Commercial Road are located a short walk from the property.
A detached two storey purpose-built building situated within the Charles Dickens Conservation Area. The building is of traditional brick construction with a tiled roof with further single storey addition to the rear within the site curtilage. The site includes a double garage block and secure yard. The premises can be accessed from Old Commercial Road and has vehicular access from Sultan Road. The ground floor comprises of two interlinked rooms, fitted kitchen, WCs and two storage areas. The first floor is configured as offices and training rooms with self-contained two-bedroom flat which has its own independent access.
Total Size 62.1 sq m (669 sq ft)
( Agency Pilot Software Ref: 3113 )
Site Size 0.139 Hectares (0.345 Acres)
( Agency Pilot Software Ref: 3084 )
• Planning permission for Six Semi-Detached Houses
and a Detached Coach House
• Comprising 3 x Two Bedroom Houses and 4 x Three
Bedroom Houses
• Popular residential location of Drayton
• Close to junction of A27/A2030
• Thriving local centre
Ground Floor Shop 45.82 sq m (493 sq ft)
First Floor One Bedroom Flat
( Agency Pilot Software Ref: 3080 )
Total Size 1,381 sq m (14,865 sq ft)
( Agency Pilot Software Ref: 3062 )
( Agency Pilot Software Ref: 2982 )
Total Size 209 sq m (2,251 sq ft)
( Agency Pilot Software Ref: 2935 )
South East of Hampshire.
The property is located within the main shopping area of
the City Centre, on the pedestrianized Arundel Street
boulevard.
It occupies a good position adjacent to Wild Recruitment
and The Mobility Centre, with Wilkinson’s and Pure Gym
close by. Other occupants include Clarks, Bright House,
Debenhams, The Job Centre and TSB bank.
It is within walking distance to Portsmouth Mainline train
station, with excellent public transport links to The Hard.
Prominent Roadside Development Site Suitable for a Variety of Uses
Location
"Teardrop" is prominently located on the M27 with a unique position centred within the slip roads accessed from Portway, Port Solent conveniently positioned off Southampton Road/A27 providing a superb location for both City Centre and motorway access. The site is in close proximity to Premier Marinas' 400 berth marina with associated leisure facilities, cinema, David Lloyd Leisure, restaurants. Junction 12 of the M27 is a popular and established commercial location with IBM UK headquarters located at the successful Lakeside office campus together with North Harbour Business Park, home to Blake Lapthorn Solicitors, Land Rover and 24/7 Tesco Super Store. The site will suit a business seeking both excellent communications but also the opportunity to benefit from high profile being sited on the eastern gateway to the M27 motorway corridor.
Additional Details
The site is approximately 5 acres and will be accessed from Port Way, Port Solent via an underpass to the motorway slip road. The site represents a high profile location for an occupier. There is an easement enabling an underpass to be constructed beneath the M27 link road providing access from Port Solent Estate Road - Port Way. A planning application will be required to suite an occupier's requirements. However, it is understood that Portsmouth City Council have responded favourably for a commercial development on this site for a variety of uses. However, it is believed that a warehouse/industrial building with ancillary offices would be best suited. The site is a "The Gateway" location to Portsmouth and the Solent corridor and the planning department will wish to have a strong influence on the design and nature of the scheme.
Prominent Roadside Development Site Suitable for a Variety of Uses
Location
"Teardrop" is prominently located on the M27 with a unique position centred within the slip roads accessed from Portway, Port Solent conveniently positioned off Southampton Road/A27 providing a superb location for both City Centre and motorway access. The site is in close proximity to Premier Marinas' 400 berth marina with associated leisure facilities, cinema, David Lloyd Leisure, restaurants. Junction 12 of the M27 is a popular and established commercial location with IBM UK headquarters located at the successful Lakeside office campus together with North Harbour Business Park, home to Blake Lapthorn Solicitors, Land Rover and 24/7 Tesco Super Store. The site will suit a business seeking both excellent communications but also the opportunity to benefit from high profile being sited on the eastern gateway to the M27 motorway corridor.
Additional Details
The site is approximately 5 acres and will be accessed from Port Way, Port Solent via an underpass to the motorway slip road. The site represents a high profile location for an occupier. There is an easement enabling an underpass to be constructed beneath the M27 link road providing access from Port Solent Estate Road - Port Way. A planning application will be required to suite an occupier's requirements. However, it is understood that Portsmouth City Council have responded favourably for a commercial development on this site for a variety of uses. However, it is believed that a warehouse/industrial building with ancillary offices would be best suited. The site is a "The Gateway" location to Portsmouth and the Solent corridor and the planning department will wish to have a strong influence on the design and nature of the scheme.
Design & build opportunities for Headquarters offices, hi-tech manufacturing and retail, hotel and medical.
Location
The 101-acre Lakeside North Harbour campus is only three miles from Portsmouth city centre and the continental ferry port and has good public transport links. The A3 (M) which leads to the M25 and London is four miles to the east and Southampton city centre and Southampton International Airport, less than 20 miles to the west.
Additional Details
Design & build opportunities for Headquarters offices, hi-tech manufacturing and retail, hotel and medical.