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6 Clarendon Road

For sale: £315,000.00|107.9 Sq M|Office, General Industrial, Leisure Property, Offices, Industrial, Licensed & Leisure

PROPERTY DETAILS

FOR SALE£315,000.00
SIZE107.9 Sq M
ADDRESS6 Clarendon Road, Southsea, PO5 2EE
TYPEOffice, General Industrial, Leisure Property, Offices, Industrial, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON18th November 2020

DESCRIPTION

Key Points

  • Freehold investment
  • Popular location
  • Lease expires 2026
  • Central Southsea
  • Occupying Business Unaffected
  • Summary

    Freehold Investment for Sale

    Description

    This freehold investment property comprises a mid terrace building in the heart of Southsea. The ground floor and basement are currently let and configured as a beautician to provide a reception area, treatment rooms, kitchen, WC, rear store, and a basement. Ground floor and basement - Lease for a term of 10 years beginning on 8th July 2016 and ending on and including 7th July 2026 at a rent of £20,000 per annum Upper parts - long leasehold interests of the upper parts has been sold at a ground rent of £1,000 per annum.

    Viewings

    Strictly by appointment with agent

    Location

    The property is located on the south side of Clarendon Road in close proximity to the main pedestrianized shopping area in Palmerston Road. Clarendon Road is a recognized secondary trading location, nearby occupiers include estate agents along with several independent restaurant’s, cafes, and retailers.

    Terms

    Freehold for sale - guide price £315,000 Ground floor - Leased for a term of 10 years beginning on 8th July 2016 and ending on and including 7th July 2026, at a passing rent of £20,000 per annum

    Specifications

    Refurbished to a high spec New electrics when refurbished, Alarm CCTV Underfloor heating Amtico flooring throughout

    Promo

    Freehold Investment

    Other costs

    Each party to be responsible for their own legal costs incurred in the transaction. Unless stated, all prices and rents are quoted exclusive of VAT

    LOCATION

    Location: 6 Clarendon Road, Southsea, PO5 2EE

    Portsmouth & Southsea (1.0 miles)

    Fratton (1.0 miles)

    Portsmouth Harbour (1.2 miles)

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