TypeShops

PO4 181 Albert Road, Southsea

TenureFor sale

181 Albert Road, Southsea, PO4 1/16

Specification

Building size
Building size 1,268 sqft
Property type
Property type Shops
Tenure
Tenure For sale

Description

The property comprises a two story terrace building, originally arranged as a ground floor retail unit, and residential accommodation above.

We understand that planning permission has been granted, to make the ground floor shop self-contained, together with a two-bedroom maisonette over the ground and first floors.

Externally there is also a rear garden.

Location

Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network.

The property is located in the busy and popular Southsea area within Portsmouth, on the northern side of Albert Road close to its junction with Francis Avenue.

Nearby occupiers include Tesco Express, Sainsbury's Local, Pad Thai Southsea and Age UK.

Planning

Interested parties should make their own planning enquiries and satisfy themselves in this regard.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The accommodation has the following approximate floor areas:

Business Rates / Council Tax Band

To be confirmed.

EPC

To be reassessed.

Legal Fees

Each party to bear their own legal costs incurred.

AML

In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.

This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.

Amenities

Southsea is vibrant and well-established

Albert Road is a diverse commercial thoroughfare

Single retail unit on the ground floor, together with residential accommodation above

Planning permission granted for self-contained ground floor retail with two-bedroom maisonette over ground and first floors

Freehold with vacant possession

Guide price £140,000 stc

Nearby occupiers include Tesco Express, Sainsbury's Local, Pad Thai Southsea and Age UK

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