Investment for sale Portsmouth PO3 5AY,5711sq ft

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Investment

Investment For Sale Portsmouth

PROPERTY ID: 93229

PROPERTY TYPE

Investment

STATUS

Sold

SIZE

5,711 sq.ft

Key Features

Freehold site of 0.7 acres located in Copnor, Portsmouth

5,711 sq ft GIA of existing buildings

Low site cover of 19%

Let to SIG Trading Ltd for 15 years from June 2016 with no breaks

Property Details

The Site Comprises Some 0.7 Acres Including The Accessway From Copnor Road And Provides A Large Concrete And Brick Paved Open Yard Together With A Number Of Industrial/ Workshop Buildings Including A Trade Counter Sales Facility Towards The Front Of The Site And A Customer Parking Area. The Site Cover Is Circa 19%. The Primary Access Is From Copnor Road Which Links With The Residential Street Of Coniston Avenue. There Is A Separate Access From Moneyfield Lane And Manor Park Avenue. The Site Has Potential For Future Residential Redevelopment Subject To Planning; It Is Identified As A Non-strategic Housing Site In Portsmouth City Council's Housing And Employment Land Availability Assessment (helaa) That Forms Part Of The Evidence Base For The Draft New Portsmouth City Local Plan. The Helaa Anticipates The Site Has Capacity To Provide Up To 20 Units In A 5-10 Year Period.

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About the Agent

Vail Williams

See Agent's Other Properties

Investment Unit

£950,000 Freehold

The Roofing Centre, Moneyfield Lane, Portsmouth, PO3 5AY

Investment - Sold
5,711 sq ft
531 sqm

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