Description
The property comprises a Grade II listed mid-terrace building arranged over basement, ground, first and second floors.
Internally, the property is currently configured as a bed and breakfast/guest house operation. The first and second floors provide five well-presented double guest bedrooms, all benefiting from en-suite facilities, together with a storage cupboard on each floor.
The ground floor comprises a guest lounge providing seating for a number of covers, together with a kitchen, storage area, bathroom and separate WC. To the rear is a lean-to storage area, an enclosed courtyard accommodating refuse storage, and rear pedestrian access.
The lower ground floor is arranged as a self-contained one-bedroom flat, which is fitted out to a good standard and presented in excellent condition.
Location
Southsea is a vibrant and well-established coastal district within the city of Portsmouth, Hampshire, renowned for its attractive seafront, maritime heritage and thriving visitor economy. The area offers an excellent mix of independent retailers, cafés, restaurants, bars and leisure attractions, attracting visitors throughout the year.
Major attractions nearby include Portsmouth Historic Dockyard, Gunwharf Quays, the Spinnaker Tower, Southsea Castle and Clarence Pier, whilst the Hovertravel terminal, Wightlink ferry services and Portsmouth International Port provide excellent connectivity to the Isle of Wight and beyond. Southsea also benefits from ongoing waterfront regeneration, the University of Portsmouth and a significant Royal Navy presence, supporting strong year-round demand from tourists, business travellers and visiting families.
Planning
We understand that the property currently benefits from a Class C1 (Hotels, boarding and guest houses) use under the Town and Country Planning (Use Classes) Order 1987 (as amended in 2020).
VAT
We understand that the property is not elected for VAT.
Accommodation
The accommodation has the following approximate Gross Internal Area (GIA):
Business Rates / Council Tax Band
Rateable Value (2026): £7,200
100% small business rate relief eligible.
EPC
We understand the property has an EPC rating of B (expiry date - 05/08/2036).
Legal Fees
The tenant will be responsible for their own legal costs and a contribution to the landlords legal fees will be required of £1,500.
AML
In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.
This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.