PO5 3QH - 1 bed palmerston road retail in Portsmouth South, PO5 3QH

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High street retail property for sale in Unit 2-4, M Palmerston Road, Southsea, PO5

Summary - 2-4, PALMERSTON ROAD PO5 3QH

1 bed 1 bath Retail Property (high street)

Prominent high-street unit ideal for investor or operator with quick access to footfall.
Freehold corner retail unit with double-fronted pedestrian frontage
This double-fronted ground-floor retail unit sits on a busy pedestrianised parade on Palmerston Road, directly opposite national convenience and service brands. The position offers immediate street-level footfall and strong visibility from a corner location, making it suitable for retail, banking, convenience or quick-service food use. The building is freehold with a medium-sized overall footprint due to multiple residential flats above.

The unit benefits from fitted ATM recesses, large display windows and modern bank-brick frontage that suits fascia-led occupiers. Practical advantages include excellent mobile signal, fast broadband and no flood risk. The wider area is a mix of students and professionals, providing a steady daytime and evening customer base bolstered by nearby supermarket and leisure outlets.

Notable considerations: the immediate area records very high crime levels, which will influence security costs and insurance. The unit is small-to-average in footprint and the upper floors appear to be separate residential flats, so any expansion or major external works may require coordination with other owners. The parade shows a varied tenant mix and some units may need refurbishment to meet contemporary retail standards.

This property is primarily suited to investors or operator-occupiers seeking a freehold high-street presence with good connectivity and visible trading position. It offers predictable rental demand in a dense urban retail run, but purchasers should budget for enhanced security measures and potential fit-out or refurbishment works to optimise income or trading performance.

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