£160,000
(£590.41/sq. ft)
Property for sale1 Harbour Court, 29 High Street, Emsworth PO10
271 sq. ft
EPC Rating: E
Freehold
About this property
Investment Opportunity
Unbroken term until 13 July 2029
Current rent £10,000 per annum with rent review 14 July 2026
Located within an attractive and popular coastal town
Net sales area 228 sq. Ft.
Long leasehold - 980 years remaining (peppercorn rent)
Plus share of freehold (1st floor flat sold off - 999 years)
Gross Initial Yield 6.25%
Estimated Rates Payable: £2794.01
Description
The property comprises a ground floor retail unit forming part of Harbour Court, a mixed use two storey development understood to have been constructed in 2006. Internally the property consists of a regular shaped sales area, fully carpeted with plasterboard ceiling and ceiling mounted lighting, plus rear store room, WC and fire exit.
Location
Emsworth is a busy town in Hampshire, situated close to its border with West Sussex. It is conveniently located off the A27 south coast trunk road and lies approximately eight miles to the east of Portsmouth and 11 miles west of Chichester. The town has a mix of long standing independent and national occupiers with an excellent supply of amenities in the form of cafes, pubs and restaurants.
Emsworth as a town centre continues to perform well with high occupancy rates, strong take-up and rental appreciation.
The property comprises a ground floor retail unit forming part of Harbour Court, a mixed use two storey development understood to have been constructed in 2006. Internally the property consists of a regular shaped sales area, fully carpeted with plasterboard ceiling and ceiling mounted lighting, plus rear store room, WC and fire exit.
Location
Emsworth is a busy town in Hampshire, situated close to its border with West Sussex. It is conveniently located off the A27 south coast trunk road and lies approximately eight miles to the east of Portsmouth and 11 miles west of Chichester. The town has a mix of long standing independent and national occupiers with an excellent supply of amenities in the form of cafes, pubs and restaurants.
Emsworth as a town centre continues to perform well with high occupancy rates, strong take-up and rental appreciation.
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