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76 Tangier Rd 419 sq ft 100% Let Retail Property Portsmouth PO3 6HU £350,000 (£835.32/sq ft) 5.59% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Busy retail location and vehicular thoroughfare
- Large three-bedroom maisonette above with separate parking and garage
- Self-contained ground floor retail unit
EXECUTIVE SUMMARY
The property comprises a two-storey premises with additional attic accommodation.
At ground floor level, the accommodation is arranged to provide a self-contained retail unit, together with ancillary storage and a WC.
The upper parts are accessed via a separate ground floor entrance (formerly utilised as a kitchen, now adapted for storage). The maisonette accommodation is arranged to provide, at first floor, a bathroom, kitchen, lounge and one bedroom. The attic floor offers two further bedrooms.
At ground floor level, the accommodation is arranged to provide a self-contained retail unit, together with ancillary storage and a WC.
The upper parts are accessed via a separate ground floor entrance (formerly utilised as a kitchen, now adapted for storage). The maisonette accommodation is arranged to provide, at first floor, a bathroom, kitchen, lounge and one bedroom. The attic floor offers two further bedrooms.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
419 sq ft
Year Built
1950
Price
£350,000
Price per sq ft
£835.32
Yield
5.59%
NOI
£19,560
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Frontage
20 ft on Tangier Rd
AMENITIES
- Bus Route
- Signage
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NEARBY MAJOR RETAILERS
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76 Tangier Rd
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