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Units 1
Units 1-8 Walberant Buildings, Copnor Road, Portsmouth
£350,000
Units 1-8 Walberant Buildings, Copnor Road, Portsmouth
£350,000
Our Summary
- Leasehold with Part Vacant PossessionCommercial EPC: TBCImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
- Auction Date : 18 September 2025
- For Sale by Online Auction
Description
This substantial commercial property in Hilsea, Portsmouth, comprises eight units, with five retail spaces and three vacant units. The property is strategically located on a main junction, ensuring a high volume of passing traffic and making the front parking spaces particularly useful. The units are currently let to a variety of tenants, including a massage therapy business, hair salon, and sign shop, with rental income of £31,400 per annum. Unit 6 is currently vacant, offering potential rental income of £6,000 per annum. The property is held on 150-year leases from 2015, with a combined ground rent of £3,200 per annum. The EPC ratings are to be confirmed. This is an ideal investment opportunity for those looking to generate income from a commercial property in a popular suburb of Portsmouth.