6 Clarendon Road

Southsea, PO5 2EE

107.90 sq m
For Sale
Office / Industrial / Leisure

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Freehold Investment for Sale

Property Type Office / Industrial / Leisure
Tenure For Sale
Size 107.90 sq m
Freehold Price £315,000.00
Business Rates Based on 2017 valuation
Service Charge Upon Enquiry
Estate Charge Upon Enquiry
Energy Performance Rating This property has been graded as 75 (C)

Key Features

  • Freehold investment
  • Popular location
  • Lease expires 2026 (potential to extend the lease STC)
  • Central Southsea
  • Occupying Business Unaffected

Location

The property is located on the south side of Clarendon Road in close proximity to the main pedestrianized shopping area in Palmerston Road. Clarendon Road is a recognized secondary trading location, nearby occupiers include estate agents along with several independent restaurant’s, cafes, and retailers.

Available area

The accommodation comprises of the following

NameSq ftSq mAvailability
Ground 831.94 77.29 Available
Basement 330.45 30.70 Available
Total1,162.39107.99 

Description

This freehold investment property comprises a mid terrace building in the heart of Southsea. The ground floor and basement are currently let and configured as a beautician to provide a reception area, treatment rooms, kitchen, WC, rear store, and a basement.

Ground floor and basement - Lease for a term of 10 years beginning on 8th July 2016 and ending on and including 7th July 2026 at a rent of £20,000 per annum

Upper parts - long leasehold interests of the upper parts has been sold at a ground rent of £1,000 per annum.

Viewings

Strictly by appointment with agent

Terms

Freehold for sale - guide price £315,000

Ground floor - Leased for a term of 10 years beginning on 8th July 2016 and ending on and including 7th July 2026, at a passing rent of £20,000 per annum

Other costs

Each party to be responsible for their own legal costs incurred in the transaction.

Unless stated, all prices and rents are quoted exclusive of VAT