Lot 144: GROUND FLOOR SHOP/OFFICE INVESTMENT

Available At £80,000 + Fees
133 London Road,
North End,
Portsmouth,
Hampshire. PO2 9AA

Currently let at £8,000 per annum

Viewing by arrangement with Clive Emson Auctioneers

01489 564606

Mike Marchant/Rob Marchant

Occupying a prominent position on London Road, the main shopping street through the North End district of Portsmouth, this self-contained ground floor premises is let under the terms of a commercial lease and is considered ideal for addition to an investment portfolio.

Accommodation

Main shop/office, separate office, utility/kitchen area, cloakroom with W.C. and rear conservatory.

Tenancy

Let under the terms of a commercial lease, until 27th February 2023, at a current rental of £8,000 per annum.

Tenure

Remainder of a 125 year lease from 1st January 2005 at a current ground rental of £150 per annum.

Auctioneer’s Note

The freehold of the building will be offered as the following Lot 145.

At the time of publication we have not inspected the premises and the accommodation details have been provided by the Seller.

Commercial EPC: D

Map

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.