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178 Chichester Rd 686 SF 100% Leased Retail Building Portsmouth PO2 0AH $292,358 CAD ($426.18 CAD/SF)


INVESTMENT HIGHLIGHTS
- DEVELOPMENT OPPORTUNITY
- SUBJECT TO RESERVE PRICE
- POTENTIAL TO BE CONVERTED STPP
EXECUTIVE SUMMARY
For sale via secure sale online bidding - terms and conditions apply.
***INVESTMENT OPPORTUNITY***
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £170,000.
Nestled on Chichester Road in Portsmouth, this unique property presents an exceptional opportunity for both investors and homebuyers alike. Currently functioning as a purpose-built butcher shop, the premises boasts significant potential for conversion into residential flats, making it an attractive prospect for those looking to capitalise on the growing demand for housing in the area.
The upper level of the property has already been transformed into a modern two-bedroom flat, featuring a separate lounge, kitchen, and bathroom. This well-designed living space is perfect for individuals or small families seeking comfort and convenience. The flat is bright and airy, providing a welcoming atmosphere that is sure to appeal to a variety of tenants or homeowners.
Additionally, the property benefits from a garden at the rear. The garden also has rear access.
The property has had planning approved in the past for two 2 bedroom flats, the planning has expired.
***INVESTMENT OPPORTUNITY***
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £170,000.
Nestled on Chichester Road in Portsmouth, this unique property presents an exceptional opportunity for both investors and homebuyers alike. Currently functioning as a purpose-built butcher shop, the premises boasts significant potential for conversion into residential flats, making it an attractive prospect for those looking to capitalise on the growing demand for housing in the area.
The upper level of the property has already been transformed into a modern two-bedroom flat, featuring a separate lounge, kitchen, and bathroom. This well-designed living space is perfect for individuals or small families seeking comfort and convenience. The flat is bright and airy, providing a welcoming atmosphere that is sure to appeal to a variety of tenants or homeowners.
Additionally, the property benefits from a garden at the rear. The garden also has rear access.
The property has had planning approved in the past for two 2 bedroom flats, the planning has expired.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
686 SF
Year Built
1950
Price
$292,358 CAD
Price Per SF
$426.18 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
20’ on Chichester Rd
AMENITIES
- Bus Line
- Signage
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NEARBY MAJOR RETAILERS
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178 Chichester Rd
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