100 Fratton Road

Portsmouth, PO1 5BZ

449 sq ft
For Sale
Investment / Retail

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Freehold Retail Investment

Property Type Investment / Retail
Tenure For Sale
Size 449 sq ft
Freehold Price £105,000
Business Rates Upon enquiry
Energy Performance Rating This property has been graded as 101 (E)

Key Features

  • Central trading position
  • On street parking
  • Freehold investment
  • Rental income £8,400 per annum

Location

The subject building is situated on the eastern side of Fratton Road opposite The Bridge Centre. Fratton Road is easily accessed from the M275 situated some half a mile to the north which links into the M27 motorway network.

Available area

The accommodation comprises of the following

NameSq ftSq mTenureAvailability
Unit - Overall Sales Area 431 40.04 For sale Available
Unit - Rear Lobby 18 1.67 For sale Available
Total44941.71  

Description

The property is a mid terrace single storey lock up shop with sales area, rear storage areas, kitchen and WC.

Internally the building is mostly open plan in the sales area and is fitted with suspended ceiling and fluorescent strip lighting. Towards the rear there is a WC with wash hand basin and a Kitchen.

The property is currently let on a 5 year lease from October 2019, at a rent of £8,400 per annum.

Viewings

Strictly by appointment with the sole agents.

Terms

£105,000 for the freehold interest.

Business Rates

Rateable value: £3,650

You are advised to confirm the rates payable with the local council before making a commitment.

Other Costs

Each party to bear their own legal costs incurred in this transaction.