76 London Rd | Portsmouth PO2 0LN
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- LoopNet Team
76 London Rd
Portsmouth PO2 0LN
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Freehold retail and residential investment in Portsmouth
- The property includes a rear yard with parking for approximately 4 cars
- Flat 76a & 76b have a lease of 125 years each from 29th September 2015 with an income of £400 p.a. (doubling every 25 years)
- A mid-terrace building comprising a ground floor shop with separate rear access to 2 self-contained flats on the first and second floors
- Currently let to Merkur Slots UK Limited, with a lease term of 15 years from 1st September 2021 (t/o option to break in 2026 and 2031)
- Total rental income is £22,400
PROPERTY FACTS
Property Type
Retail
Property Size
1,160 sq ft
Costar Property Class
B
Year Built
1980
Tenancy
Single
Number of Floors
2
Plot ratio
0.24
Total Plot Size
0.11 ac
AMENITIES
- Air Conditioning
1 of 1
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