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232-232a Kingston Rd 673 sq ft Retail Unit Offered at £215,000 in Portsmouth PO2 7LR
Investment Highlights
- Located on major arterial route onto Portsea Island
- Good road links via M275
- Public parking options
Executive Summary
Three-storey property featuring ground floor retail space and further two above floors used as residential flats.
Property Facts
| Total Property Size | 673 sq ft | Typical Floor Size | 673 sq ft |
| Property Type | Retail (Unit) | Year Built | 1960 |
| Costar Property Class | B | Tenancy | Single |
| Floors | 3 | Total Plot Size | 0.02 ac |
| Total Property Size | 673 sq ft |
| Property Type | Retail (Unit) |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 673 sq ft |
| Year Built | 1960 |
| Tenancy | Single |
| Total Plot Size | 0.02 ac |
Amenities
- Signage
- Storage Space
1 Unit Available
Unit 232
| Unit Size | 673 sq ft | Sale Type | Investment |
| Price | £215,000 | Tenure | Freehold |
| Price Per sq ft | £319.47 | Net Initial Yield | 3.07% |
| Unit Use | Retail | NOI | £6,600 |
| Unit Size | 673 sq ft |
| Price | £215,000 |
| Price Per sq ft | £319.47 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 3.07% |
| NOI | £6,600 |
Description
Mixed commercial and residential building with the ground floor occupied and trading as Matts Fisheries.
Sale Notes
The retail unit is let at £550 pcm with two years remaining on the lease. The upper three floors of living accommodation is available with the benefit of vacant possession.
Interior
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232-232a Kingston Rd
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