The Pompey Centre Portsmouth | Po4 8Sl
THE POMPEY CENTRE PORTSMOUTH | PO4 8SL PRIME MIXED USE INVESTMENT 2 l THE POMPEY CENTRE THE POMPEY CENTRE l 3 KEY INVESTMENT CREDENTIALS ¬ The City of Portsmouth is predominantly located ¬ A rare opportunity to acquire a mixed use scheme on Portsea Island on the south coast in Hampshire, including Trade Park, Industrial, Hotel, Retail, approximately 19 miles east of Southampton and Leisure and Restaurants. 70 miles south-west of London. ¬ The Pompey Centre is let to a leading mix of national ¬ Portsmouth is the 27th largest population centre tenants including; B&Q, McDonald’s, Safestore, in the UK with a resident population of 215,000 and KFC, Topps Tiles, Accor Hotel, is the only city in the UK whose population density Lloyds Pharmacy and the NHS. exceeds that of London. ¬ Total scheme income of £4,040,445 per annum ¬ The Pompey Centre benefits from being located in the (including guarantees) of which the majority is let to centre of Portsea Island adjacent to Fratton Park just ‘Very Low Risk’ covenants with a WAULT of off the A2030 Goldsmith Avenue, the principal route 8 years to expiry. leading west towards the city centre. ¬ Immediate potential rental uplifts on some outstanding We are instructed to seek offers in the region of: ¬ A well-established modern purpose built scheme reviews, lease renewals and lettings. developed in 2003 on 24.1 acres totalling approximately 290,956 sq ft with 1,033 car spaces. ¬ Asset Management opportunities to add value and floorspace over the medium term. £56,000,000 ¬ Predominantly Freehold. (Fifty-Six Million Pounds) subject to contract and exclusive of VAT.
[Show full text]