THE TLH BUSINESS PICK

90 Kingston Crescent, Portsmouth

£335,000

Portsmouth, Hampshire

Trafalgar Property Consultancy

We are pleased to present an exceptional investment opportunity located at 90 Kingston Crescent, Portsmouth. This substantial property spans an impressive 2,122 square feet and is currently occupied by the well-known tenant, Pizza Hut. The property is available for sale with a secure 20-year lease that commenced on 31st August 2023, providing a stable income stream for the discerning investor. The annual rent is set at £22,500, which offers a net initial yield of 6.7%. This attractive yield reflects the strong demand for commercial properties in this vibrant area.The FRI (Full Repairing and Insuring) lease structure ensures that the tenant is responsible for all repairs and insurance, furth…