Under Offer
3a Powerscourt Road,
Portsmouth,
Hampshire,
PO2 7JD
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Leisure (Class D1, D2 and Other), Development, Investment, Offices, Retail, Food and Beverage
2,003 Sq Ft (186.08 Sq M)
- Portsmouth is a major south coast city
- Located a short distance to M27/ A27
- Large open-plan accommodation
- Would suit alternative uses such as residential or commercial (stp)
- Suitable for owner occupiers, investors and developers
- No VAT
- Freehold interest with vacant possession
- Offers in excess of £175,000 stc
- Block viewing on Monday 15th December from 2:30pm-3:30pm
Location
The property is situated on the northern side of Powerscourt Road, near its junction with Basin Street. Kingston Road, a busy A road that runs North to South through Portsmouth, lays adjacent at the western end of Powerscourt Road.
The area is of a mixed residential and commercial profile and includes a variety of independent occupiers with some national retailers, largely consisting of restaurants, supermarkets, convenience stores, services and places of worship. Occupiers within walking distance of the subject property include Aldi, Kwiki Mart, Chinese Tea, China Health Massage, H&T Pawnbrokers and Mobile World.
Description
The subject property comprises a semi-detached, single-storey building that occupies a corner position on Powerscourt Road and Basin Street. The property comprises a large open-plan meeting hall with an extension to the rear serving as ancillary accommodation with a small kitchen and two WC's.
Accommodation
The accommodation has the following approximate Gross Internal Area (GIA):
| Description | Sq Ft | Sq M |
|---|---|---|
| Main hall | 1331 | 123.65 |
| Rear extension | 672 | 62.43 |
| Total | 2,003 | 186.08 |
Energy Performance Rating
We understand the property has an EPC rating of C.
Planning
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
Taxation
Rateable Value (2026): £14,000
Occupiers will pay approximately 38% of this per annum.
Terms
We have been instructed to market the property with vacant possession with offers in excess of £175,000 for the freehold interest subject to contract.
VAT
We understand that the property is not elected for VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Anti-Money Laundering Regulations 2017
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.
Flude Property Consultants 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 Property Consultants 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 any reliefs.