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Second Chance House Somers Rd 5,814 sq ft Industrial Property Southsea PO5 4NS £325,000 (£55.90/sq ft)
Investment Highlights
- Site extending to approximately 0.19 acres
- Detached two-storey business unit with ancillary basement accommodation
- Roller-shutter loading access
Executive Summary
The property is offered for sale with vacant possession at offers in the region of £325,000 for the long leasehold interest. The lease runs for 125 years from 8 March 1990 at a peppercorn rent. VAT is not payable on the purchase price, and prospective purchasers will be subject to the selling agent’s anti-money laundering identification requirements. The brochure advises purchasers to obtain independent professional advice and verify the particulars through inspection and appropriate due diligence.
Property Facts
| Price | £325,000 | Total Plot Size | 0.32 ac |
| Price per sq ft | £55.90 | Net Internal Area (NIA) | 5,814 sq ft |
| Sale Type | Investment or Owner Occupier | No. Floors | 2 |
| Tenure | Long Leasehold | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Allocation | 3.69/1,000 sq ft |
| Costar Property Class | C | No. Drive In / Grade-Level Doors | 1 |
| Price | £325,000 |
| Price per sq ft | £55.90 |
| Sale Type | Investment or Owner Occupier |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 0.32 ac |
| Net Internal Area (NIA) | 5,814 sq ft |
| No. Floors | 2 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Allocation | 3.69/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Bus Route
- Security System
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Second Chance House | Somers Rd
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