Lonsdale Ave - Storefront Retail/Residential FOR SALE


Portsmouth, HAM PO6 2PX
$975,000 USD
Lonsdale Ave, Portsmouth, HAM for Sale
$975,000 USD
Storefront Retail/Residential - FOR SALE
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null | Request Cap Rate

Lonsdale Ave
Portsmouth, HAM PO6 2PX


HIGHLIGHTS

  • Tenant Option to Renew the Lease until 2045
  • Medium Term Residential Redevelopment Potential, Subject to Consents
  • Prominently Situated in Busy Neighbourhood Location.

OVERVIEW

Lot 25 is available for sale at an Acuitus online auction to be held on the 15th of May 2025. The property comprises a freehold investment opportunity for sale. The asking price is £975,000, representing a gross initial yield of 8.51%

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Co operative Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

HP54359,PM30215

ASK ABOUT THIS PROPERTY

John MehtabAcuitus LtdMore Info

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