Pub with Redevelopment Potential

Freehold Pub For Sale In Fareham, Hampshire

Portsdown
Leith Avenue
Fareham
Hampshire
PO16

Gross Site Area: 16654 sq/ft*

£ 350,000 + VAT
Freehold

LOCATION
The Portsdown can be found on Leith Avenue in Porchester, Hampshire. The site is within close proximity of both the M27 Motorway and Porchester Railway Station providing excellent transport links. The property is within a mixed residential and commercial area.

PROPERTY
Large detached 2 storey building. Property benefits from large car park to front and a yard to the rear.

FURTHER INFORMATION
Vacant possession
Development potential (STPP)
Approx gross site area: 16,654 sq.ft*
Approx ground floor foot plate: 4,134 sq.ft*
Rateable Value: £17,000
Offers invited for our clients unencumbered interest

The property represents excellent value for continued licensed use / owner occupation. There is also potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents.

The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes).

Hampshire Pub for Sale