Land for sale

4 - 5 The Towers, Forton Road, Gosport, Hampshire PO12 3HA

Offers in Region of £600,000
29,838 sq. ft.

Property Description

Key features

  • Potential for up to 24 flats ( subject to planning )
  • Public car park situated within 100 metres
  • Designated Neighbourhood Centre and shopping area
  • The site is now vacant
  • bus routes heading in and out of central Gosport
  • Prominent position on the southern side of the A32

Full description

Location
4-5 The Towers, Forton Road is located in a prominent position island site on the south side
of the A32/Forton Road in Gosport, as identified in red on the plan above.

The locality is primarily residential with a Designated Neighbourhood Centre and shopping
area immediately to the northwest.

Description
The site is now vacant and formerly operated as the Crown Bingo Hall since the late 1960's.
Historically it was a cinema. The property has no onsite parking but is served by bus routes
heading in and out of central Gosport and there are a good range of community facilities
nearby. A public car park is situated within 100 metres to the north.

Current Proposal
The proposal submitted to the Council in September 2020 would provide 24 flats (5no. 1-
bedroom 2-person flats & 19 no. 2-bedroom 4-person flats) within a five-storey building.
Seven flats would be located on each of the 1st & 2nd floors, six flats on the 3rd floor, and
four flats on the 4th floor. 15 no. parking spaces and 69 no. cycle parking spaces are
accommodated which is considered appropriate by the Highway Authority.
The proposal has a GIA of 2772m2 (29,838ft2) and GEA of 3163m2 (34,047ft2).

Appraisal
The site is a good location for residential development and through the work that has been
undertaken to date by the Consultancy Team it has been demonstrated that 24 flats can be
accommodated on the site. The current proposal is entirely in line with local policy and
there may be scope to pursue a greater number of flats.

The site has been promoted through the Local Plan process and the expected allocation in
the draft plan (which is scheduled to be published for consultation in the coming months)
demonstrates that Gosport Borough Council consider the redevelopment of the site for
residential use to be suitable.

The site represents an excellent opportunity and the Consultancy Team are confident that
planning permission can be secured for its redevelopment for flats.

VAT
It is understood that the property is not registered for VAT

PROPOSAL
The Freehold interest is being offered for sale unconditionally with offers sought in the
region of £750,000.


More information from this agent

Nearest stations

  • Portsmouth Harbour (1.5 mi)
  • Portsmouth & Southsea (2.2 mi)
  • Fratton (2.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

Floorplans

View in fullscreen
Floor plan
Floor plan

Map & Street View

Nearest stations

  • Portsmouth Harbour (1.5 mi)
  • Portsmouth & Southsea (2.2 mi)
  • Fratton (2.9 mi)
Distances are straight line measurements from centre of postcode

Disclaimer - Property reference Thetowers. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Tony Lewis Surveyors Ltd, West Sussex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.