Retail for sale

LOCATION
Portsmouth

DESCRIPTION
The residential accommodation benefits from its own private entrance and is arranged over two floors. The first floor offers a generous double bedroom with built-in storage, a bright and spacious living room, a fitted kitchen and a three-piece family bathroom. The second floor is home to a further well-proportioned double bedroom, providing flexible living accommodation.

The ground floor commercial premises are currently occupied and operating as a hairdressing salon. The unit comprises a spacious retail area, kitchen space, preparation area, W/C and an additional private room that would make a great beauty room. To the rear of the property is an enclosed garden, currently accessed via the commercial unit, with additional pedestrian access through a rear alleyway.

The commercial unit is expected to achieve approximately £10,000 per annum, while the residential maisonette has an estimated rental value of £12,600 per annum.

With a combined projected rental income of approximately £22,600 per annum, this property represents an excellent opportunity for investors seeking a mixed-use asset with strong income potential.

Situated in a prominent location, the property offers the benefit of an established commercial premises alongside well-proportioned residential accommodation, making it an attractive addition to any investment portfolio.

Early viewing is highly recommended to fully appreciate the potential this versatile investment has to offer.

ACCOMMODATION
Freehold mixed-use investment opportunity
Commercial premises currently operating as a hairdressing salon
Ground floor commercial unit with two-bedroom split-level maisonette
Private entrance to the residential accommodation
Two spacious double bedrooms
Estimated combined rental income of approximately £22,600 per annum
Rear garden with additional pedestrian rear access