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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.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 3.07% |
| Sale Type | Investment |
| Net Initial Yield | 3.07% |
| Tenure | Freehold |
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.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 232 | 673 sq ft | Retail | £215,000 (£319.47/sq ft) | £6,600 |
Unit 232
| Unit Size |
| 673 sq ft |
| Unit Use |
| Retail |
| Price |
| £215,000 (£319.47/sq ft) |
| NOI |
| £6,600 |
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Unit 232
| Unit Size | 673 sq ft |
| Unit Use | Retail |
| Price | £215,000 (£319.47/sq ft) |
| NOI | £6,600 |
| Sale Type | Investment |
| Net Initial Yield | 3.07% |
| Tenure | Freehold |
| Description | |
| Mixed commercial and residential building with the ground floor occupied and trading as Matts Fisheries.</li></ul> | |
| 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.</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 | 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
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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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232-232a Kingston Rd
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