* Freehold
**Key Points**
* Prominent Roadside Property
* Secure Investment
* Established Retail Location
**Description**
Rare freehold available in a popular retail parade. The property is a mid
terrace two storey building with the ground floor being let to a take - away
food business and the first floor let as a two bedroom flat.
The ground floor take - away comprises a sales area / reception, rear
preparation room and two kitchen areas with access to the rear. The first
floor flat is accessed via a separate pedestrian access off the main pavement
and comprises two double bedrooms, kitchen, and bathroom comprising w. c, wash
hand basin, bath with shower. The flat has gas heating throughout and has the
benefit of use of the rear garden.
**Location**
North End is a suburban shopping area located within the City of Portsmouth
serving the heavily populated catchment population in the northern district of
the City.
The property is situated on the East Side of Kingston Road approximately 200m
to the south of its junction with Kingston Crescent which leads to the M275.
**Terms**
The Freehold is available at price of £295, 000 subject to the following lease:
Whole property let on a 20 year lease from 26th October 2005 until 25th
October 2025 at a passing rent of £10, 640 per annum.
**Business Rates**
Ground Floor Shop - Rateable Value £4, 350 (Source: Voa, )
You are advised to check the rates payable with the local council before
making a commitment.
First Floor Flat - Council Tax Band A (Source - Portsmouth City Council, via )
**Other Costs**
Legal Costs - Each party to bear their own legal costs incurred in the
transaction.
_VAT_ \ - not elected

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