Log In/Sign Up
Your email has been sent.
48 London Rd 2,491 SF Retail Building Portsmouth PO2 0LN $372,377 ($149.49/SF) 8.24% Cap Rate
INVESTMENT HIGHLIGHTS
- Portsmouth is a major south coast city
- Well-established retail destination within a densely populated suburban district
- Substantial property with future development potential
EXECUTIVE SUMMARY
We have been instructed to market the freehold interest, subject to the existing tenancy and contract, at a guide price of £290,000.
Currently let to Exciting Escapes Limited until June 2028 at £23,000 pax
Currently let to Exciting Escapes Limited until June 2028 at £23,000 pax
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
2,491 SF
Building Class
B
Year Built
1909
Price
$372,377
Price Per SF
$149.49
Cap Rate
8.24%
NOI
$30,698
Tenancy
Single
Building Height
2 Stories
Parking
2 Spaces (0.8 Spaces per 1,000 SF Leased)
Frontage
20’ on London Road
AMENITIES
- Security System
- Energy Performance Rating - E
- Storage Space
- Air Conditioning
1 1
NEARBY MAJOR RETAILERS
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
48 London Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.