Shop & Office with Planning Consent to Convert to Residential
Location
Situated midway down Portsmouth Road in the heart of Woolston along side the Itchen Bridge, it is perfectly located for residential development with a small commercial element.
Accommodation
The subject property is a mid terrace 3 storey commercial building but previously was occupied by an Estate Agent on the ground floor and utilised as offices above.
The building is to be sold with vacant possession and the benefit of planning to convert the upper parts to residential and office space and retain the retail on the ground floor. The accommodation on the upper floors is in two distinct halves and can be accessed separately from the front and side of the building.
The building has the benefit of rear pedestrian access and it is considered that there may be scope to add another flat to the already consented scheme.
Terms
Available to purchase on the balance of a 999 year lease from 29th September 1855 at a peppercorn ground rent.
Offers in excess of £225,000
Specification
The property currently benefits from a first floor w.c. & wash hand basin, small kitchenette and a further Kitchen and w.c.