Retail premises for sale in 10 Highbury Buildings, Portsmouth Road, Cosham PO6, £450,000
450,000.00
Offer Nr.:
64999003
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Holloway Iliffe and Mitchell
Phone(s):
023 9229 2052
Email:
* Freehold
**Key Points**
* For Sale
* Freehold
* Mixed Use
* Highly Visible Location
* Parking
* Potential to Develop (Subject to Planning)
**Description**
The propertycomprises a ground floor shop currently trading as a tool shop
with a substantial maisonette above over, the first and second floors. The
property benefits from allocatedparking to the righthand flank of the
building. In our view the space would lend itself to a range of uses (subject
to planning).
The maisonette is subject to an assuredshorthold tenancy, for a term of 6
months and a day, from 18th April 2023, with a passing rent of £995 per
calendar month.
The shop is currently owner occupied. Theowner may consider a sale and lease
back on terms to be agreed, as an alternative to a vacant possession sale.
The property was granted planning consent underapplication reference number:
23/00509/ful for the conversion of ground floor to form 1no. Two bedroom
apartment, with associated works.
**Location**
The shop andmaisonette are located a short distance for qa hospital within
Cosham a historic town situated approximately 2. 5 miles north of Portsmouth a
major regional port and hubfor commercial activity. Portsmouth is situated
along the south coast and forms part of the south coast conurbation between
Bournemouth in the west and Chichester to theeast.
The property benefits from excellent transport communications with the M27 and
Cosham Train Station (providing a direct line to London Waterloo) within easy
reach.Southampton Airport provides flights to a number of destinations and
ferry and hovercraft services are available at Portsmouth and Southampton.
The first and secondfloor maisonette has the potential to be split to provide
a HMO or two flats, subject to planning and all necessary consents being
obtained.
**Terms**
The property isavailable to purchase freehold, either subject to vacant
possession or on the basis of a sale on lease back, terms to be agreed, for
£450, 000.
**Key Points**
* For Sale
* Freehold
* Mixed Use
* Highly Visible Location
* Parking
* Potential to Develop (Subject to Planning)
**Description**
The property
with a substantial maisonette above over, the first and second floors. The
property benefits from allocated
building. In our view the space would lend itself to a range of uses (subject
to planning).
The maisonette is subject to an assured
months and a day, from 18th April 2023, with a passing rent of £995 per
calendar month.
The shop is currently owner occupied. The
back on terms to be agreed, as an alternative to a vacant possession sale.
The property was granted planning consent under
23/00509/ful for the conversion of ground floor to form 1no. Two bedroom
apartment, with associated works.
**Location**
The shop and
Cosham a historic town situated approximately 2. 5 miles north of Portsmouth a
major regional port and hub
along the south coast and forms part of the south coast conurbation between
Bournemouth in the west and Chichester to the
The property benefits from excellent transport communications with the M27 and
Cosham Train Station (providing a direct line to London Waterloo) within easy
reach.
ferry and hovercraft services are available at Portsmouth and Southampton.
The first and second
a HMO or two flats, subject to planning and all necessary consents being
obtained.
**Terms**
The property is
possession or on the basis of a sale on lease back, terms to be agreed, for
£450, 000.
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