Office for sale in Clarendon Mews, Clarendon Road, Southsea PO5
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Key Points
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 £22,000 per annum exclusive.
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
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.
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
Specifications
Refurbished to a high spec
New electrics when refurbished, Alarm
CCTV
Underfloor heating
Amtico flooring throughout
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
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Holloway Iliffe and Mitchell, PO6 on +44 23 9229 2052 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Holloway Iliffe and Mitchell, and do not constitute property particulars. Please contact Holloway Iliffe and Mitchell 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.