The Camber Building, which sits at the entrance to Portsmouth Harbour, has been put up for sale with a guide price in the region of £13.5m.
The circa 70,000 sq ft landmark waterfront building is located at 54 East Street and generates more than £1.1m in rent per annum.
Originally constructed for The America’s Cup Challenge, the fully let building, which is set over four floors, has been adapted to accommodate multiple office and light industrial tenants. The long leasehold, with 40 years remaining, is being offered for sale.
Simon Blair, CEO of SHB Real Estate, which has been appointed to market the asset, said: “This is a rare opportunity to acquire a well-performing building in one of Portsmouth’s most historic and strategically important areas. The Camber is a landmark site that combines strong rental income, excellent connectivity and a prime waterfront location.”
