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65 Tangier Rd

840 SF 100% Leased Retail Building Portsmouth PO3 6JH For Sale

Executive Summary

The property comprises a corner end of terrace, three-storey building arranged as ground floor retail unit and a three-bedroom maisonette.
The ground floor is let to Southern Co-operative Funerals Limited on a fifteen-year lease which expires 6th July 2026. They pay a rent of £9,000 per annum. They have access to the parking space at the back and rear yard which is accessed off Chesterfield Road.
The maisonette is accessed through a side gate that has an external staircase. The first floor is arranged as with the main bedroom, bathroom, kitchen and lounge. The second floor is accessed via the entrance hall and leads to two bedrooms.
The maisonette will be sold with vacant possession.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
840 SF
Building Class
B
Year Built
1926
NOI
£9,000
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Parking
2 Spaces (2.38 Spaces per 1,000 SF Leased)
Frontage
22 ft on Tangier Road

Amenities

  • Bus Route
  • Signage

Nearby Major Retailers

SPAR
Starbucks
Costa Coffee
Farmhouse
Lidl
The Gym
Nisa
Barclays
Harvester
Iceland
  • Listing ID: 34231739

  • Date on Market: 18/12/2024

  • Last Updated:

  • Address: 65 Tangier Rd, Portsmouth PO3 6JH

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