The subject property is located on the north eastern side of Nobes Avenue in the suburb of Bridgemary, Gosport, Hampshire. Nobes Avenue consists of a parade of local shops surrounded by predominantly residential dwellings.
The nearby town of Gosport is just 4 miles south east of the property where a good range of local, and national retailers can be found along with various leisure facilities. Gosport also provides access via ferry to nearby Portsmouth where a wider range of facilities are available along with a ferry providing access to the Isle of Wight and further afield to France and Spain. The M27 Motorway is just 3 miles to the north, this in turn links to the M3 motorway into central London
The property is laid over 3 storeys with a retail unit to the ground floor most recently used as a fruit and veg shop, Planning has been granted in the past to change use from A1 to A5.
From the rear accessed to the 3 bedroom maisonette is gained. to the first floor there is a landing, Living / dining room kitchen and cloakroom. Upstairs there are 3 bedrooms and bathroom.
Outside there is a courtyard at ground floor level with 3 brick built outbuildings, At first floor level there is a terrace to the rear and balcony to the front of the flat.
To the front of the property there is an extensive forecourt and parking bays.
We consider this ideal for letting as two separate units, or potentially for home and income.
Shop Area 93.4m2 1005ft2
Living Area 92m2 990ft2
Total 185m2 1995 ft2
Approx. gross internal floor area as mentioned on the VOA and EPC register.
We understand the property has connections to mains gas, electric, water and drainage.
The premises have a current rateable value of £8,200
It is envisaged the grocers shop could rent for £8,000 pa and the maisonette could achieve £8,400 pa (£16,400 pa) this represents a gross yield of 10.25%
To view this property, please contact John Pye Property – firstname.lastname@example.org – 0115 970 6060
190 & 190a Nobes Road
✓ Ground floor retail unit
✓ Three Bedroom maisonette
✓ Potential 10.25% gross yield
✓ Opportunity for capital growth
✓ Prominent location
✓ Recently refurbished
✓ Excellent transport links
✓ Close to amenities
Phone: 0115 970 6060
Our Ref: PR246