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108-112 Elm Grv 7,147 sq ft 100% Let Retail Property Southsea PO5 1LP £450,000 (£62.96/sq ft)
Investment Highlights
- Freehold possession.
- Popular and busy thoroughfare.
- 245.77 sq. m. (2,645 sq. ft.).
- Good public transport.
Executive Summary
Sale of the freehold for £450,000.
The accommodation comprises two retail units requiring improvement, both with their own shopfronts, entrances and rear access doors. With the exception of a small section of land behind 104/106 Elm Grove, the Title includes the gated and walled rear parking / service yard plus walkway leading to Elm Grove adjacent 100/102 Elm Grove. The site benefits from pedestrian and vehicular rights of way for access and egress via Albany Road with a steel gate located on the eastern boundary.
The accommodation comprises two retail units requiring improvement, both with their own shopfronts, entrances and rear access doors. With the exception of a small section of land behind 104/106 Elm Grove, the Title includes the gated and walled rear parking / service yard plus walkway leading to Elm Grove adjacent 100/102 Elm Grove. The site benefits from pedestrian and vehicular rights of way for access and egress via Albany Road with a steel gate located on the eastern boundary.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Supermarket
Property Size
7,147 sq ft
Costar Property Class
B
Year Built
1925
Price
£450,000
Price per sq ft
£62.96
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.95
Total Plot Size
0.17 ac
Frontage
98 ft on Elm Grove
Amenities
- Roller Shutters
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Pound Buys
- -
- 1,492 sq ft
- -
- Nov 2020
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Pound Buys | - | 1,492 sq ft | - | Nov 2020 |
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Nearby Major Retailers
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108-112 Elm Grv
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