Retail premises for sale in Arundel Street, Portsmouth PO1

Fixed price £600,000 (£155.93/sq. ft)
Retail premises for sale 3,848 sq. ft*
Interested in this property? Call +44 20 3641 9157 * or Request Details

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Property features

  • Freehold Shop and Residential Development Investment
  • Comprises ground floor shop and self-contained offices on first and second floor
  • Planning approved for 10 self-contained flats on first and second floor
  • VAT is applicable to this property
  • Well located within Portsmouth City Centre
  • Central position close to car parks, bus and rail stations
  • Occupiers nearby include tsb Bank, Wilko, Pure Gym, Superdrug, amongst others

Property description

Investment Consideration:
Purchase Price: £600,000
Vacant possession
VAT is applicable to this property
Comprising ground and two upper floors to provide a ground floor shop together with first and second floor self-contained offices.
Planning approved on 10th June 2020 for conversion of first and second floor office space to 10 self-contained flats.
Well located within Portsmouth City Centre.
Central position close to car parks, bus and rail stations.
Occupiers nearby include tsb Bank, Burton & Topman, Wilko, Pure Gym, Superdrug, Age UK, Waterstones and Lloyds Bank.

Property Description:
The property is arranged as a ground and two upper floors to provide a ground floor shop together with first and second floor self-contained offices above, which are accessed via the covered passage at the rear. Part of the upper floors overfly the covered passage.

The property provides the following accommodation and dimensions:
Ground floor: 91.97 sq m (990 sq ft)
First floor: 132.76 sq m (1,429 sq ft)
Second floor: 132.76 sq m (1,429 sq ft)

Tenancy:
Vacant possession.

Location:
The city of Portsmouth is a major south coast naval base, ferry port and university city, and is also an important retail and commercial centre. The city has a resident population of some 175,000 and benefits from excellent road communication, being served by the M27, M271 and A3(M) motorways and the A27 dual carriageway. There are also regular rail services to London and major South West towns. The property is situated on the north side of the pedestrianised Arundel Street, close to its junction with Commercial Road in the heart of the city centre. Occupiers close by include tsb Bank, Burton & Topman, Wilko, Pure Gym, Superdrug, Age UK, Waterstones and Lloyds Bank.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Blue Alpine Partners, SW1P on +44 20 3641 9157 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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