Mixed Use Investment for Auction Portsmouth PO5 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

Auction Date 11 December 2024
Guide Price £550,000
Property Summary

Guide Price £550,000 - £580,000. This Victorian building, offers a commercial investment on the ground floor, which is Let under the terms of a commercial lease, with three self-contained residential flats above which are individually let on Assured Shorthold Tenancy agreements. The lower ground floor level has the potential to revert to residential accommodation if no longer required as part of the commercial arrangement and subject to all required consents being available, with the potential for an increase in overall rental income.

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