George And Dragon, 70 South Street, Gosport, Hampshire, PO12 1ES

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Description

Former Pub with Residential Development Opportunities
Total GIA - 397 sq m (4,273 sq ft)

Location

Gosport is located on the south coast approximately three miles south west of Portsmouth, six miles south east of Fareham and 15 miles south east of Southampton. Gosport links directly to Portsmouth via a pedestrian ferry that runs throughout the day with a journey time of four minutes. The A32 (Fareham Road) is the principal arterial route to Gosport and provides good access to the M27 at junctions 10 and 11, which in turn links to the M3 at Southampton and the A3(M) at Havant.

The property is situated on the northern side of South Street, close to the town centre.

Planning

The existing use is currently a Public House.

Concept plans have been prepared which show there is potential to convert the building to seven apartments (6 x 1 bedroom and 1 x 2 bedroom), together with a ground floor commercial unit.

Interested parties should make their own planning enquiries and satisfy themselves in this regard.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The property comprises a prominent former Public House arranged over ground and first floors with an approximate GIA of 397 sq m (4,273 sq ft).

Business Rates / Council Tax Band

Future Rateable Value (April 2023): £7,000

The occupier may be entitled to 100% Small Business Rate relief.

Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).

EPC

To be assessed.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

We have been instructed to market the property with vacant possession and seek offers in the region of £450,000 for the freehold interest subject to contract. ( Agency Pilot Software ref: 4316 )