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New Road, Copnor, Portsmouth PO2 7QU

Guide Price £300,000

TO BE SOLD BY AUCTION METHOD.
GUIDE PRICE: £275,000-£300,000.
We invite IMMEDIATE CASH OFFERS (on strict Auction terms) from developers, investors and end-users, for these VACANT FREEHOLD FORMER COMMERCIAL PREMISES (2,500 sq ft approx.) WITH POTENTIAL.

  • Bedroom 4
  • Bathroom 1
  • Reception 2

Property Type

Terraced House

Parking

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Floor Area

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Tenure Type

Freehold

Council Tax Band

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Property Info
Map
Floor Plan
EPC Report
Media

TO BE SOLD BY AUCTION METHOD.
GUIDE PRICE: £275,000-£300,000.
We invite IMMEDIATE CASH OFFERS (on strict Auction terms) from developers, investors and end-users, for these VACANT FREEHOLD FORMER COMMERCIAL PREMISES (2,500 sq ft approx.) WITH POTENTIAL. New Road runs from Kingston Road to Copnor Road, Nos. 189-191 being on the north side between the junctions with Lynn Road and Aylesbury Road. This largely residential position places a wide range of public amenities within a radius of some one mile only, including: local shops, bus services, main-line stations, St Mary's Hospital, recreation facilities and various schools. Part of a short terrace, circa 1900, this pair of former private dwellings has since been combined, extended and converted into offices/storage. Now vacant, it is felt that scope exists for reversion to residential use, as has been undertaken to those others in the group, notably Nos. 187 and 193, each of which now affords 2 x one-bedroom flats - suggesting potential for the creation of up to 5 units within 189/191 with the inclusion of its ground floor rear addition. Alternatively, HMO use may be an option. It must be made clear that this Lot is being sold now "as is", it being entirely a matter for interested parties to satisfy themselves as to their own ideas, any changes being subject, of course, to the necessary planning and other consents. Full particulars of this interesting, speculative opportunity are given as follows and early enquiries from ready buyers are invited:

Pair of central, glazed pedestrian doors, with external roller-shutter, to:

FRONT OFFICES - 14.02m x 8.13m (46'0" x 26'8")

Sub-divided with various partitions. Stairs to first floor. Access to small inner yard to the south side of No. 189. Through to:

REAR OFFICES - 10.19m x 5.41m (33'5" x 17'9")

Former ceiling skylights (now sealed). 'Halsted' gas fired boiler. Door to small inner yard to the north side of No. 191 having external W.C.

FIRST FLOOR

ROOM ONE - 5.51m x 5.44m (18'1" x 17'10")

Obscure-glass sash windows on two sides, further obscure-glass window to the rear.

BATH/SHOWER ROOM & W.C. - 3.05m x 1.8m (10'0" x 5'11")

Panelled bath, shower cubicle, pedestal handbasin, low flush w.c. Obscure-glass window.

ROOM TWO - 3.89m x 3.48m (12'9" x 11'5")

Part-obscure sash window to rear elevation. Built-in cupboard.

ROOM THREE - 3.81m x 3.58m (12'6" x 11'9")

UPVC replacement double-glazed window to front elevation. Single drainer stainless steel sink unit. Built-in cupboard.

ROOM FOUR - 3.99m x 3.86m (13'1" x 12'8")

UPVC replacement double-glazed window to front elevation. Built-in cupboard.

OUTSIDE

FRONT: Shallow, open-plan forecourt now incorporated into the pavement.
REAR: The site is fully developed with the exception of the two small "return" yards referenced above.

AUCTION PROCESS

This Lot will NOT be offered in the Saleroom. Approaches, inspections & offers are invited from parties who are able and willing to purchase on Auction terms - immediate signature and exchange of contracts, payment of a 10% deposit plus Buyers Premium, and completion 28 days thereafter. Competing bidders will be given the opportunity to re-bid in the event of their offer being exceeded, terms finally being settled with the party lodging the highest offer (assuming acceptable to the Seller) and who meets the Auction rules of engagement.

ADDITIONAL AUCTION COSTS

A Buyer's Premium of £450 + V.A.T., will be payable by the purchaser to the Auctioneers. An Auction Legal Pack (including Contract of Sale and Special Conditions) will be prepared by the Seller's Solicitors and available for inspection. Bidders are advised to make themselves aware of the content of the Legal Pack, containing, as it will, information in respect of any other charges that may apply (Search Fees and/or Seller's legal costs for example).

VIEWING

By appointment with AUCTIONEERS & SOLE AGENTS,
D. M. NESBIT & CO.
(17871/053392)