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.
Main shop/office, separate office, utility/kitchen area, cloakroom with W.C. and rear conservatory.
Let under the terms of a commercial lease, until 27th February 2023, at a current rental of £8,000 per annum.
Remainder of a 125 year lease from 1st January 2005 at a current ground rental of £150 per annum.
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.
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.