PO4 9LN - Storage facility for sale in Lumsden Road, Southsea PO4 9LN…

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Storage facility for sale in Lumsden Road, Southsea PO4 9LN, PO4

Summary - Lumsden Road, Southsea PO4 9LN PO4 9LN

1 bed 1 bath Storage

**Key Features:**

- **Type:** Secure storage unit located on the second floor of a 1960s ex-M.O.D. brick apartment block.
- **Size:** 380 sq. ft. space, ideal for sizable items.
- **Lease:** 108 years remaining on a 125-year leasehold.
- **Environment:** Close to Southsea Seafront, with average crime and good public amenities.
- **Condition:** Asbestos found in the ceiling; encapsulation or removal is necessary.
- **Planning:** No potential for residential conversion; primarily suitable as storage.

**Summary:**
Positioned in a well-established 1960s apartment block near Southsea Seafront, this second-floor storage unit offers a generous 380 sq. ft. of practical space. With a secure entry and accessible staircase, this lock-up unit is perfect for those needing ample storage, whether for personal items or as inventory for a small business. The building's robust design provides a secure environment, and its urban location ensures convenience, with amenities including cafes, shops, and transport links just a short walk away.

However, potential buyers should be aware of the presence of asbestos in the ceiling, necessitating careful handling or removal. This property, sold at auction with a guide price of £15,000, offers a unique opportunity in a competitive area. Ideal for investors seeking a low-entry cost storage option, this unit embodies a combination of practical use and strategic location management. Don't miss this chance; opportunities like these come by rarely!

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