The property comprises a mid-terrace two storey property offering a ground floor retail unit and at first floor, storage space which could be returned to residential accommodation, subject to planning. ( Agency Pilot Software Ref: 171 )
The property is arranged on ground and two upper floors to provide a large ground floor shop unit with rear storage and loading area together with further sales, office and storage on the first floor and staff/storage at second floor level front and rear. The property benefits from a goods lift and rear servicing access from Richmond Place. TENURE Long leasehold for a term of 98 years from 1st Nov 1951 at a fixed ground rent of Â£450 per annum. Southsea forms part of the City of Portsmouth which, in addition to being one of the major ports of the south coast, is also an important commercial, administrative and retail centre with a population of some 175,000. Southsea lies immediately to the south of Portsmouth city centre overlooking the Solent and has its own well established shopping area centred around Palmerston Road. The property is situated in a prominent position in the centre of the pedestrianised section of Palmerston Road. Occupiers close by include Debenhams, Boots, Knight & Lee, Specsavers, Robert Dyas amongst others.
PRIME RETAIL INVESTMENT - FOR SALE
Type: Retail - High Street, Retail - Out of Town, Retail Park, Restaurants/Cafes, General Retail, Shopping Centre Unit, Retail, Licensed & Leisure
The property consists of a large two storey building of traditional brick and stone construction under a pitched slate tiled roof and dates from the 1930s. The property is currently in use by the Police and there is hardstanding and parking to the rear.
The site extends to 0.95 acres (0.38 ha) with a car park providing space for some 50 cars accessed from Carpenter Close.
Viewings will be conducted on Wednesday 22nd November between 10am and 1pm, Wednesday 29th November between 10am and 1pm and Wednesday 6th December between 2pm and 4pm ( Agency Pilot Software Ref: 2010938 )
Southsea Police Station 259, Highland Road, PO4 9EX