'Rare investment opportunity' as former Lloyds bank building in Old Portsmouth goes on sale for £900,000
The previous Lloyds bank site in Old Portsmouth is due to be sold off as part of a ‘rare investment opportunity’.
A three storey building, which houses a dentist, a one bedroom flat and a commercial space, has hit the market for £900,000.
The Morris Dibben listing says: “A rare investment opportunity in the heart of historic Old Portsmouth, this former Lloyds Bank building offers a mix of commercial and residential space, providing excellent potential for both immediate rental income and long-term value appreciation.”
The ground floor, which was previously rented at £2,000 per calendar month, provides further investment opportunity as the first floor is currently being rented to a dental practice.
The listing added: “Located in a prime spot in Old Portsmouth, with its historic charm, and close proximity to the waterfront, this property is a unique opportunity for both commercial and residential income.