Fratton Social Club, 35-37 Fratton Road, Portsmouth, Hampshire
, PO1 5AB
, United Kingdom Price: Buy: POA
Size: 3648 sq ft339 sqm Primary Category: Land All Categories:
Investment, Land, Leisure, Healthcare, Property Ref/Movehut: MH642726 Property Ref/Agent: 3642
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: April 19, 2021
Mixed Use Development Opportunity
Portsmouth is located approximately 19 miles south east of Southampton and 70 miles south west of London. The city benefits from excellent road communications being situated at the M27/A27 junction, which links to M3 and A3(M) and provides access to London and the wider national motorway network.
The property is situated on the western side of Fratton Road, which is an established retail location and a densely populated suburb of Portsmouth. Fratton Train station is approximately a five minute walk away. Nearby occupiers include Asda, Iceland, Subway and Dominos.
Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.
Rents and prices are quoted exclusive of, but may be subject to VAT.
The property comprises a large ground floor premises which has previously been used as a social club. The property comprises a front lounge and bar, rear lounge/bingo hall with bar, WCs, staff areas and storage.
There is also an associated house which is available by way of separate negotiation.
We have measured and calculate the accommodation to have the following approximate Gross Internal Area (GIA):
Business Rates / Council Tax Band
Rateable Value (2017): £30,000.
We understand the property has an EPC rating of C(71).
Each party to bear their own legal costs incurred.
The property is available to let by way of a new full repairing and insuring lease for a term to be agreed at a commencing rent of £50,000 per annum exclusive.
Alternatively, we have been instructed to market the property with vacant possession and quote a price of £800,000 for the freehold interest subject to contract.
Anti-Money Laundering Regulations 2017
Due to Government legislation we are legally obliged to undertake Anti-Money Laundering checks on prospective purchasers on transactions which involve a capital value of 15,000 euros or more. We are also required to request
proof of funds. Further information available on request.
Well located close to public transport and shops
Gated access and large frontage
Rear yard area
Suitable for a variety of uses (STP)
Development potential for student/residential use
Adjoining house available by separate negotiation
Rent £50,000 per annum
Price £800,000 STC
EPC for Fratton Social Club, 35-37 Fratton Road, Portsmouth, Hampshire
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