Sold
Property types
Investment
Energy rating
E
Square foot size
5711
The Roofing Centre, Moneyfield Lane, Portsmouth
Offers in excess of £950,000
The Roofing Centre, Moneyfield Lane, Off Copnor Road, Portsmouth, PO3 5AY
- Freehold site of 0.7 acres located in Copnor, Portsmouth
- 5,711 sq ft GIA of existing buildings
- Low site cover of 19%
- Let to SIG Trading Ltd for 15 years from June 2016 with no breaks
- 9.3 years unexpired
- Rent of £52,350 per annum exclusive
- Future residential redevelopment potential, subject to planning
- Offers invited in excess of £950,000 subject to contract and exclusive of vat
- Net initial yield of 5.21% after the deduction of purchaser’s costs of 5.69%
- VAT elected