This mixed investment property enjoys a prominent position in the centre of Cosham along the main shopping high street. The entire building is currently let, with the ground floor trading as a convenience store and the first floor providing separately accessed residential accommodation.
The property has vehicular access to the rear and neighbouring properties have added additional accommodation, utilising this access. It is considered there may be scope to add accommodation to the rear of this building, subject to all necessary consents being obtainable.
Main retail area and rear store room.
Let under the terms of a 20 year lease, from December 2016, at a current rental of £10,800 per annum.
Kitchen/dining room, two bedrooms and bathroom/W.C.
Let on an Assured Shorthold Tenancy, at a current rental of £300 per calendar month.
Local Planning Authority
Portsmouth City Council. Tel: 023 9283 4334. Website: portsmouth.gov.uk.