Acting on the instruction of a local client, Holloway Iliffe & Mitchell are pleased to report the sale of an Industrial Unit on 42 Flathouse Road, Portsmouth. The detached unit was bought by Vanguard Holdings Ltd for an undisclosed amount.
The premises which were sold with the benefit of a large secure yard are situated on the north east side of Flathouse Road, close to the junction with Prospect Road and within close proximity to Victory Retail Park.
Commenting on the sale Luke Mort, Commercial Agent at Chartered Surveyors Holloway, Iliffe & Mitchell said:
“We had an immense amount of interest from both potential tenants and purchasers alike. After consideration it was decided by our client to sell the premises due to the recent increase in Industrial freehold values.”
Holloway Iliffe & Mitchell remain very active in the commercial property sector, in Portsmouth and along the South Coast and seek new instructions to satisfy their active applicant database.
