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Investment Highlights

  • Site extending to approximately 0.19 acres
  • Detached two-storey business unit with ancillary basement accommodation
  • Roller-shutter loading access

Executive Summary

The property is offered for sale with vacant possession at offers in the region of £325,000 for the long leasehold interest. The lease runs for 125 years from 8 March 1990 at a peppercorn rent. VAT is not payable on the purchase price, and prospective purchasers will be subject to the selling agent’s anti-money laundering identification requirements. The brochure advises purchasers to obtain independent professional advice and verify the particulars through inspection and appropriate due diligence.

Property Facts

Price $606,287 CAD
Price Per SF $104.28 CAD
Sale Type Investment or Owner User
Tenure Long Leasehold
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.32 AC
Rentable Building Area 5,814 SF
No. Stories 2
Year Built 1980
Tenancy Single
Parking Ratio 3.69/1,000 SF
No. Drive In / Grade-Level Doors 1

Amenities

  • Bus Line
  • Security System
  • Listing ID: 42029180

  • Date on Market: 2026-09-03

  • Last Updated:

  • Address: Somers Rd, Southsea PO5 4NS

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