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Investment Highlights

  • Prime corner unit
  • Excellent public transport links
  • Public parking available nearby

Executive Summary

The property comprises a terraced retail building arranged over three floors, the top floor is residential. The property is situated in the heart of Southsea in a prime retailing position on the western side of Palmerston Road, which is fully pedestrianised. The property holds a prime retailing position in Southsea and benefits from public car parking nearby.

1 Unit Available

  • Unit
  • Unit Size
  • Unit Use
  • Price
  • NOI
  • Unit 2-4
  • 2,121 sq ft
  • Retail
  • £580,000 (£273.46/sq ft)
  • -
Sale Type Investment or Owner Occupier
Tenure Freehold/Long Leasehold
Sale Notes
Offers in excess of £600,000.
Rateable Value: £43,500.
Unit Unit Size Unit Use Price NOI
Unit 2-4 2,121 sq ft Retail £580,000 (£273.46/sq ft) -

Unit 2-4

Unit Size
2,121 sq ft
Unit Use
Retail
Price
£580,000 (£273.46/sq ft)
NOI
-

Unit 2-4

Unit Size 2,121 sq ft
Unit Use Retail
Price £580,000 (£273.46/sq ft)
NOI -
Sale Type Investment or Owner Occupier
Tenure Freehold/Long Leasehold
Sale Notes
Offers in excess of &#163;600,000.<br> Rateable Value: &#163;43,500.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Property Size 42,802 sq ft
Property Type Retail (Unit)
Property Subtype Shopfront
Costar Property Class B
Floors 3
Typical Floor Size 14,267 sq ft
Year Built 1935
Total Plot Size 0.83 ac

Amenities

  • Bus Route
  • Commuter Rail
  • Wheelchair Accessible
  • Storage Space

Nearby Major Retailers

Coffee #1
Costa Coffee
Anytime Fitness
Sainsbury's
Waitrose & Partners
Barclays Bank
Costcutter
Co-op
Spar
PureGym
  • Listing ID: 38631623

  • Date on Market: 03/12/2025

  • Last Updated:

  • Address: 2-42 Palmerston Rd, Southsea PO5 3QH

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