Arundel Street, Portsmouth, PO1 1LX

TO BE SOLD BY FORMAL TENDER (closing date to be confirmed) on behalf of Portsmouth Deaf Association.

Of particular interest to Housing Associations, Corporations and others, this modern, detached MIXED COMMERCIAL/RESIDENTIAL building (7,600 sq ft approx) holds CONSIDERABLE DEVELOPMENT POTENTIAL, being offered now with the benefit of PERMISSION IN PRINCIPLE for a high-rise scheme of up to 87 units.

Occupying a prominent and convenient City Centre position, bounded by Arundel Street, Holbrook Road and Coburg Street, the building is less than half a mile to the east of Commercial Road Shopping Precinct, placing a wide range of public amenities within comfortable reach - shops and eateries, bus services, main-line stations, recreation facilities, and Portsmouth Historic Dockyard.

THE PREMISES Dating from the early 1980s, the existing building is of one/two-storey design, having brick-faced elevations under a slate-hung mansard flat roof.

GROUND/UPPER MEZZANINE 620.81 sq m overall (6,682 sq ft).

Being the former Headquarters of Portsmouth Deaf Association, comprising: Meeting Hall, Community Workshop, Kitchen, Ladies & Gents Cloakrooms, and allied Offices.

FIRST FLOOR 86 sq m overall (926 sq ft). A self-contained apartment comprising: Entrance Hall, Living Room, 2 Bedrooms, Kitchen, and Bathroom & W.C.

OUTSIDE To the building's west side is a generous, railed compound affording private off-street parking for around 7 cars, having vehicular access via Coburg Street.

PLANNING The building and site, as one Lot, are offered now "as is", bids being invited on an UNCONDITIONAL BASIS.

Planning Consultant and Architect liaison with Portsmouth City Council has resulted in the securing of "in principle" approval for demolition and replacement with a high-rise (up to 15 floors) development, potentially comprising: either 87 Sheltered/Social Housing flats or 80 Extra Care Housing flats, with the Ground Floor designated as Social/Community Space together with bike and bin stores.

Drawings and associated paperwork relating to the proposals form part of the Legal Pack/Tender form, available to interested parties upon request.

EPC Residential 'D' Commercial 'B' COUNCIL TAX Residential - Band 'B' £1,782.44 per annum (2026-27).

Commercial - Current Rateable Value - £16,250 (1st April 2023-present) VIEWING The site may be inspected externally without appointment.

Those wishing/needing to inspect the existing building may do so by prior arrangement with the SOLE AGENTS, D. M. NESBIT & CO. (18023/052395)