377 London Rd - The Kipling Buildings 699 SF Office/Retail Unit Offered at £150,000 in Portsmouth PO2 9HN

INVESTMENT HIGHLIGHTS

  • Ground Floor Shop
  • To Be Sold With Vacant Possession
  • Long Leasehold (999 years from 25 March 1984)

EXECUTIVE SUMMARY

The property is located along London Rod an arterial road running through Portsmouth, a major regional port and hub for commercial activity, forming part of the ever-expanding south coast conurbation between Chichester in the east, and Southampton in the west. The property occupies an established and prominent roadside position with excellent visibility.

PROPERTY FACTS

Price £150,000
Unit Size 699 SF
No. Units 1
Total Building Size 4,782 SF
Property Type Retail (Unit)
Property Subtype Storefront Retail/Residential
Sale Type Owner User
Building Class B
Number of Floors 3
Typical Floor Size 1,594 SF
Year Built 1969
Tenancy Single
Lot Size 0.34 AC

AMENITIES

  • Bus Route
  • Signage

1 UNIT AVAILABLE

Unit 377

Unit Size 699 SF
Price £150,000
Price Per SF £214.59
Unit Use Office/Retail
Sale Type Owner User
Tenure Long Leasehold
DESCRIPTION

The property comrpises a ground floor retail premises currently occupied by a florist, who are due to vacate the building.

The premises benefits from a main sales area with a kitchenette, toilet and office to the rear.

The property does not have any allocated parking.

SALE NOTES

The property is available to purchase long leasehold (999 years from 25 March 1984) at a guide price of Offers In Excess Of £150,000.

NEARBY MAJOR RETAILERS

Toby Carvery
Costa Coffee
Nisa
Lidl
Barclays
SPAR
Iceland
Hungry Horse
Starbucks
  • Listing ID: 34046077

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 377 London Rd, Portsmouth PO2 9HN