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1 bed detached house
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Our Summary
- Of particular interest to Housing Associations, Corporations and others, this modern, detached MIXED COMMERCIAL/RESIDENTIAL building (7,600 sq ft approx) holds CONSIDERABLE DEVELOPMENT POTENTIAL, being offered now with the benefit of PERMISSION IN PRINCIPLE for a high-rise scheme of up to 87 units
- Planning Consultant and Architect liaison with Portsmouth City Council has resulted in the securing of "in principle" approval for demolition and replacement with a high-rise (up to 15 floors) development, potentially comprising: either 87 Sheltered/Social Housing flats or 80 Extra Care Housing flats, with the Ground Floor designated as Social/Community Space together with bike and bin stores
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Description
The property is a mixed commercial/residential building located in the city center, near major amenities and transport links. The building has a total floor area of approximately 7,600 sq ft, with a MIXED USE layout comprising a ground/mEZ panel for community and office space (6,682 sq ft) and a self-contained first-floor apartment (926 sq ft). The building also has a west-side compound with private off-street parking for around 7 cars.
The site has a residential EPC rating of 'D' and a commercial EPC rating of 'B', and falls within residential band 'B' for council tax with a rateable value of £16,250.