*** OFFERS IN THE REGION OF £335,000 ***

The building consists of a mid-terrace property: with the ground floor shop of approximately
58.2 sq.m (626 sq.ft Net Internal) with its own yard (covered over by tenant)
There is a self-contained one bedroom flat over with its own access from Ship Street.

GROUND FLOOR
The premises are let on a Full Repairing & Insuring Lease to an Undertakers (Mutual
Services (Portsmouth) LTD.) for a term of 5 years from the 24th June 2024 at an annual rent
of £13,250 p.a.x. The Rateable Value is £9,200 (1st April 2026).

FIRST FLOOR
The flat is let on an assured shorthold tenancy. The. Tenant has been resident for
many years and the current rent is £821.54 paid 4 weekly.

EPC
Energy Rating E

INCOME
The combined annual rent is £23,930.02 per annum exclusive.