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Investment Highlights

  • Located on major arterial route onto Portsea Island
  • Good road links via M275
  • Public parking options

Executive Summary

Three-storey property featuring ground floor retail space and further two above floors used as residential flats.

Property Facts

Total Building Size 673 SF
Property Type Retail (Condo)
Building Class B
Floors 3
Typical Floor Size 673 SF
Year Built 1960
Tenancy Single
Lot Size 0.02 AC

Amenities

  • Signage
  • Storage Space

1 Unit Available

Unit 232

Unit Size 673 SF
Price $397,188 CAD
Price Per SF $590.17 CAD
Condo Use Retail
Sale Type Investment
Tenure Freehold
Cap Rate 3.07%
NOI $12,192.73 CAD
Description

Mixed commercial and residential building with the ground floor occupied and trading as Matts Fisheries.

Sale Notes

The retail unit is let at £550 pcm with two years remaining on the lease. The upper three floors of living accommodation is available with the benefit of vacant possession.

Interior
View Photo Interior

Nearby Major Retailers

SPAR
Costa Coffee
Iceland
Barclays
Lidl
Hungry Horse
Crossfit
Morrisons
Kokoro
Farmfoods
  • Listing ID: 37555938

  • Date on Market: 2025-09-05

  • Last Updated:

  • Address: 232-232a Kingston Rd, Portsmouth PO2 7LR

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