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Agency | Lease Advisory | Management | Rating | Valuation | Investment | Development

FOR SALE Residential Development Opportunity

• 12 Houses and 6 Flats

Key Features• Well located site close to local amenities

• Site extends to 0.74 acres

• Limited supply of new residential accommodation

available

• Freehold

• No VAT

• On-site car parking

• Good access to the M275

• Close to the main bus routes

• Potential for a gated community

Rear of 92-96 London Road, Portsmouth PO2 0LZ

Rear of 92-96 London Road, Portsmouth PO2 0LZ

LocationPortsmouth is the second largest city in the county of Hampshire and a major coastal port situated on the South Coast. The city benefits from excellent road connections with the national motorway network. The site is close to London Road, which is an arterial route through Portsmouth, with the M275 accessed via the Rudmore junction and Kingston Crescent. The site benefits from good public transport links with multiple bus companies operating routes along London Road, and there are regular trains from Portsmouth to London Waterloo, operating from Fratton mainline station, which is 1.5 miles to the south. The site is situated to the rear of the main commercial centre of London Road, North End and is immediately to the rear of Sainsbury’s. The site is therefore well located in terms of accessibility, but also is very close to other retailers including Boots, Specsavers, Iceland, Lidl, Aldi, Subway, Barclays Bank and many more.

Offices in Brighton, Chichester and Portsmouth

Viewings and Further InformationPlease contact the sole agents Flude Commercial incorporating Garner Wood:

chichester@flude.com 01243 819000www.flude.com

Terms & TenureThe freehold (PM11878) is available, subject to vacant possession. Price on application. The site is not registered for VAT.

Affordable HousingA copy of the Section 106 Agreement is available detailing the requirements for 5 dwellings to be provided as units of affordable housing (as indicated *)

PlanningThe site benefits from two planning consents (Planning Reference 16/02107/OUT and 16/00606/FUL) for the demolition of the existing buildings and development of 18 dwellings, with on-site parking.

VATRents and prices are quoted exclusive of, but may be subject to VAT.

DevelopmentUnit no. Description Size (sq m)1 4 Bed Semi Detached House 147

2 4 Bed Terraced House 1623 4 Bed Terraced House 1644 4 Bed Terraced House 1625 4 Bed Semi Detached House 1476 3 Bed Semi Detached House 1067 3 Bed Terraced House 1088 3 Bed Semi Detached House 1079 1 Bed Flat 5010 1 Bed Flat 4311 1 Bed Flat 5012 2 Bed Maisonette 8613 1 Bed Flat 5014 2 Bed Terraced House 7415 2 Bed Maisonette 9816 3 Bed Semi Detached House 9917 3 Bed Terraced House 9918 3 Bed Semi Detached House 99

EPCWe understand the property has an EPC rating of C.

Business RatesRateable Value (2017): £10,000. As the RV is below £12,000 we believe 100% small business rate relief is possible.

Legal FeesEach party to bear their own legal costs incurred.

Rear of 92-96 London Road, Portsmouth PO2 0LZ

Offices in Brighton, Chichester and Portsmouth

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cycle store

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97

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Ordnance Survey, (c) Crown Copyright 2016. All rights reserved. Licence number 100022432

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existing boundary treatment retained

existing boundary treatment retained

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existing boundary treatment retained

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9.98

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UNIT 1

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UNIT 3

UNIT 4

UNIT 5

UNIT 6 UNIT 7UNIT 8

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UNIT 11

Private road constructed to adoptable standard

UNIT 15 (SEE DWG: 8626-05)

cycle store

cycle store

cycle store

cycle store

cycle store

cycle store

cycle store

cycle store

scale width 100mm @ a1 - 50mm @ a3

notes date checkrevision drawn

reva1 scale

date status

drawn checked

detail

project

a3 scale

First Floor, Unit 18 Limberline Spurhilsea, portsmouth, hampshire, po3 5hj

tel: 023 9269 1843fax: 023 9263 9722

email: info@hrp-architects.comwebsite: hrp-architects.com

a r c h i t e c t s

this drawing is the copyright of the HRP Architects Ltd andmust not be reproduced in whole or part or used for theexecution of works without their permission.

all dimensions to be checked on site prior tocommencement of construction works and the architectnotified of any discrepancy.

figured dimensions are to be used in preference toscaled dimensions.

no deviation from this drawing will be permittedwithout prior consent of the architect.

all drawings are prepared subject to a full measuredand structural survey of the buildings and site.

all structural work is subject to the appointment of a structuralengineer to confirm and agree the structural proposals.

os promap licence no. 100022432.

notes

client

C:\Users\markh\Desktop\FB-FindUsOnFacebook.jpg

A Revisions to highwaysrecommendations 16.02.17 mmh

B Contemporary Redesign 20.04.2017 ace

C Change to boundary line and Unit's gross internal area 07.06.2017 ace

D Unit 15 Gross Internal Area 09.06.2017 ace

E Block Paving addedand revised cycle stores 23.06.17 ace

F revised site layout 26.07.17 ace

G Revised site layout 09.08.17 ace

Proposed Development torear of 92-96 London Rd,PortsmouthProposed site plan

mmh

Nov 16 Planning

8626 01 G

SCHEDULE OF ACCOMMODATION

Units 1 & 5 - 4 Bed House: 147.0m sq.Units 2 & 4 - 4 Bed House: 162.0m sq.Unit 3 - 4 Bed House: 164.0m sq.Unit 6 - 3 Bed House: 106.0m sq.Unit 7 - 3 Bed House: 108.0m sq.Unit 8 - 3 Bed House: 107.0m sq.Units 9-14 - 3 no. 1 bed flat 50.0m sq

1 no. 1 bed flat 43.0m sq1 no. 3 bed house 74.0m sq1 no. 2 bed flat 86.0m sq

Unit 15 - 1 Bed Flat: 61.8m sqTOTAL NEW UNITS 15TOTAL PARKING SPACES : 24Associated refuse/recycling & bike storage facilities

scale A1 1:200proposed site plan

scale A1 1:1250location plan

scale A1 1:500block plan

Site Plan

For identification purposes only.

Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property.

Please note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.

We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and small business relief. 22 November 2018

Rear of 92-96 London Road, Portsmouth PO2 0LZ

Offices in Brighton, Chichester and Portsmouth

Block Plan & Maps

For identification purposes only.