Portsdown Main Site, James Callaghan Drive, Portsmouth, PO6 4EZ

Guide Price* : £500,000

Approximately 45 acres of land to the north of Portsmouth

Upon Instructions of

  • 44.52 acres of land
  • Development potential (subject to planning)
  • Designated within the Portsmouth Local Plan as a potential development site

Description

The property comprises approximately 45 acres of land that was formerly used by the Ministry of Defence.

The site comprises large areas of land that were formerly built on, but have now been demolished to slab level and covered with topsoil. The site also comprises large areas of car parking and some agricultural land to the north.

Location

The site is located circa 4 miles to the north of the City of Portsmouth with rural areas situated to the north.

Occupying a prominent position, fronting on to James Callaghan Drive, the site benefits from direct access to Southampton to the West via M27 and to London and Guildford via the A3 both providing connection to the wider national motorway network. The Continental Ferry Port and Naval Dockyard in Portsmouth are also both located within 5 miles.

Surrounding occupiers include QinetiQ and UCAP Airsoft and the area is also home to a number of historic sites including Fort Southwick and the D Day Tunnels.

Tenure

Freehold

VAT

The property is elected for VAT

Contact

Vendor's solicitor

Davitt Jones Bould
Louisa Swanton
0161 399 0186
louisa.swanton@djblaw.co.uk

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

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Sold for £2,561,000

This auction lot is now closed.

Auction Ended

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The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.


Local Authority

Portsmouth City Council
023 9283 4334

Office Contact

Brontie Peacock
020 3824 4706

Vendor

Vendors Solicitor

Louisa Swanton
0161 399 0186

Related Documents

Agreement Documents


Subject to Contract and Exclusive of VAT © Lambert Smith Hampton September 2019

Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including 574, and their joint agents if any ("LSH") for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.