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166 Haslemere Rd 8,774 sq ft 100% Let Light Industrial Property Southsea PO4 9AS £625,000 (£71.23/sq ft)
INVESTMENT HIGHLIGHTS
- Mixed Use Investment.
- Multi Let to 3 Tenants and 2 Telecoms Masts.
- Net Initial Yield of 9.77% after purchasers costs of 5.12%.
- Freehold.
- Passing Rent of £64,200 per annum exclusive.
- No VAT.
EXECUTIVE SUMMARY
FREEHOLD MIXED USE INVESTMENT - FOR SALE The property is constructed of rendered cavity brick elevations which has been cladded to the first floor. The front element of the property is beneath a flat roof and to the rear is double pitched roof which was replaced in 2005.
PROPERTY FACTS Sale Pending
| Price | £625,000 | Costar Property Class | B |
| Price per sq ft | £71.23 | Net Internal Area (NIA) | 8,774 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Tenure | Freehold/Long Leasehold | Year Built | 1960 |
| Property Type | Light Industrial |
| Price | £625,000 |
| Price per sq ft | £71.23 |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Property Type | Light Industrial |
| Costar Property Class | B |
| Net Internal Area (NIA) | 8,774 sq ft |
| No. Floors | 2 |
| Year Built | 1960 |
AMENITIES
- Security System
- EPC - B
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
-
- -
- 3,409 sq ft
- -
- -
Your destination in Southsea for a comprehensive service throughout Portsmouth, Hampshire and the surrounding area Classic Carpets in Southsea, provide carpets and flooring alongside a complete fitting service throughout Portsmouth, Hampshire and the surrounding area. We aim to provide the very highest standards of customer service and the finest quality products. Our huge range of colourful carpets, rugs and flooring can add that finishing touch to your home and we are happy to travel further afield should you require work done outside Portsmouth and Hampshire. So don't hesitate to visit or get in touch today. With over 25 years of experience and expertise in the carpet and flooring industry, our staff have all the knowledge you could want to help you through the process of carpeting your home.
-
- -
- 2,708 sq ft
- -
- Feb 2025
We founded SWEAT Southsea in early 2015. Having both become somewhat disillusioned with life in the London corporate world, we handed in our notices, moved back home to the South Coast and formed SWEAT Southsea and The Fitness Festival. Whilst working bar jobs, we took on a huge industrial warehouse and set about creating the best possible team and environment we could, hoping to build a new fitness community. Now, heading towards our third birthday, we are proud to say those goals have been well and truly met. Boasting a multi-disciplinary team consisting of personal trainers, injury and rehabilitation experts, Pilates Instructors and a nutritionist we have become one of the leading destinations for health, fitness and wellbeing on the South Coast.”
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
|
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- | 3,409 sq ft | - | - | ||
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- | 2,708 sq ft | - | Feb 2025 |
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166 Haslemere Rd
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