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2-42 Palmerston Rd 2,121 sq ft Retail Unit Offered at £580,000 in Southsea PO5 3QH



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
| Sale Type | Investment or Owner Occupier | Tenure | Freehold/Long Leasehold |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold/Long Leasehold |
Sale Notes
Offers in excess of £600,000.
Rateable Value: £43,500.
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 |
| - |
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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 £600,000.<br> Rateable Value: £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 | Floors | 3 |
| Property Type | Retail (Unit) | Typical Floor Size | 14,267 sq ft |
| Property Subtype | Shopfront | Year Built | 1935 |
| Costar Property Class | B | Total Plot Size | 0.83 ac |
| 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
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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2-42 Palmerston Rd
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