Lot 144: GROUND FLOOR SHOP/OFFICE INVESTMENT

Withdrawn After

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