Property Developers Purchase Prominent Portsmouth Building
Wednesday 11 May 2022
Flude Property Consultants were instructed to market the attractive Class E premises situated on London Road in Portsmouth; an established retail and residential location in the heart of the city.
The building offered over 4,500 sq ft of mainly open plan space and is arranged over three floors. Internally, it has a large basement, ancillary storage, offices and WC’s. Externally, the property benefits from rear loading and a car park providing approximately six spaces. The property was previously let to Lloyds TSB Bank plc.
The property has been purchased by Kingsley Housing, a property development company which is looking to buy buildings across the country; be it residential, commercial or entire portfolios. They can offer sellers the option to quickly sell property and realise funds.
Alice Masterman commented, “I am pleased to complete my first sale with Sebastian Martin. It was great to work on such a smooth and friendly transaction and I am excited to see the future developments on the property”.
