Freehold Retail Investment
The property is a mid terrace single storey lock up shop with sales area, rear storage areas, kitchen and WC. Internally the building is mostly open plan in the sales area and is fitted with suspended ceiling and fluorescent strip lighting. Towards the rear there is a WC with wash hand basin and a Kitchen. The property is currently let on a 5 year lease from October 2019, at a rent of £8,400 per annum.
Strictly by appointment with the sole agents.
The subject building is situated on the eastern side of Fratton Road opposite The Bridge Centre. Fratton Road is easily accessed from the M275 situated some half a mile to the north which links into the M27 motorway network.
£105,000 for the freehold interest.
Rateable value: £3,650 You are advised to confirm the rates payable with the local council before making a commitment.
Each party to bear their own legal costs incurred in this transaction.
Fratton (0.2 miles)
Portsmouth & Southsea (0.6 miles)
Portsmouth Harbour (1.3 miles)