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154 Commercial Road

PO1 1EX Portsmouth
Ref: 12567

  • 12,530.00 ft² (1,164.07 m²)
  • 2,800,000
  • 8.00 Initial Yield



• Prime High Street Retail Investment on the south coast

Investment Summary

•Portsmouth is Hampshire’s second largest city and is a major commercial and retailing centre on the south coast
•100% prime retailing location on Commercial Road
•Situated opposite the Cascades Shopping Centre
•Let to the 5A1 covenant of WH Smith Retail Holdings Limited
•Well configured unit well suited to modern retailing requirements
•Rebased rent agreed at lease renewal in January 2015
•Net income of £238,000 per annum

Energy Rating

Energy Rating

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JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.

For properties in Scotland:

  1. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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