Freehold Convenience store and residential investment in Portsmouth.
A semi-detached building comprising a ground floor shop with separate rear access to 3 bed flat on the first floor.
The property includes parking for approximately 10 cars.
Location Description
Portsmouth is a densely populated city which lies approximately 70 miles south-west of London enjoying excellent road links via the A3(M) and the M27 (Junction 12).
Waterlooville is a market town in the Borough of Havant in Hampshire, approximately 6 miles north northeast of Portsmouth
The property is located off the A3, near to Morrisons, SPAR and Waterlooville Golf club
Tenancy & Additional Notes
Currently let to One Stop shop for £30,000 p.a lease expires April 2026.
3 bed Flat is let on an AST for £12,031.12.
Total rental income £42,031.12
Growth in rent of circa 5%.
Rent reviews have not been exercised and 2021 TBO was not triggered either