PO4 149 Winter Road, Southsea

The subject mixed-use property comprises a spacious ground floor retail unit with an independently-accessed first floor flat above. It is a two-storey period building of brick elevations beneath a pitched and tiled roof, set within a terraced parade of similar properties. The shop, currently a very well-presented hairdressing salon with high ceiling, spotlighting and wood effect flooring, consists of open-plan retail space leading into a lobby/hall space (stairs to first floor closed off), cloakroom with WC, kitchen and lean-to type store to the rear with a door to a small enclosed yard/garden. From the rear, steps lead up into the very well-apportioned first-floor apartment which comprises a living/dining area to the front, bedroom, shower room/WC and kitchen to rear. We feel the property could suit an owner-occupier looking to run a business or it will no doubt attract tenants and provide an attractive return/yield as a freehold investment asset.

The building is situated within a well-established mixed-use commercial and residential parade in the Central Southsea area of Portsmouth. Winter Road forms a recognised secondary retail pitch serving the densely populated Southsea catchment, linking residential neighbourhoods with the wider Albert Road and Milton commercial districts. The immediate locality is characterised by a strong independent retail and service-led occupier profile, including convenience retail, takeaway food operators, cafés, salons, local professional services and residential accommodation above ground-floor commercial units. The area benefits from consistent pedestrian activity generated by surrounding terraced housing, student accommodation and nearby university populations, supporting day-to-day local trade. Winter Road itself provides long-established retail frontage and relatively high occupancy levels. The property sits approximately 1.5 miles east of Portsmouth city centre and close to Albert Road, one of Southsea's principal leisure and independent retail destinations. The surrounding demographic profile is relatively young, with a notably high proportion of single occupants and students compared with national averages, reflecting the influence of the nearby university and rental market.