No longer on the market
This property is no longer on the market
Floorplans (
MapOffice
Auction
Office
Features and description
Office Development In Portsmouth
New Hampshire Court presents a rare and exciting opportunity to acquire a substantial modern office building with Prior Approval for residential conversionand with further planning potential for redevelopment, subject to necessary consents. This development consists of 12,254sq ft of existing office accommodation (Class E) ground and first floors with 8,000+ 4,000sq ft of additional basement space including 2 further office spaces a staff kitchen and considerable storage.
Accommodation
12,254 sq ft of existing office accommodation (Class E)
8,000+ sq ft of additional basement storage
28 on-site parking spaces
Location
M27 & A3(M) motorways
Southampton International Airport (30 mins)
Portsmouth International Ferry Port with routes to France and Spain
Tenure
Freehold
Planning
Community Infrastructure Levy (CIL) Considerations
The existing basement comprises over 8,000 sq ftequivalent to two additional floors in building mass.
In a redevelopment scenario, this basement could be reconfigured as under croft parking, with two new floors added above ground in its place.
This would result in no net increase in internal floor area (i.e., +8,000 sq ft above, -8,000 sq ft below), thereby mitigating CIL liabilities and generating significant cost savings for a future developer.
Contextual Height and Massing Support
Empire House, partially connected at the rear, is already one storey taller than the subject property and features windows overlooking the shared light-well.
A neighbouring building directly opposite Empire House is five storeys, providing precedent and support for increased height and massing.
Given the scale and configuration of the site, there is potential for further development or intensification, subject to planning, ideal for residential, co-living, or mixed-use schemes.
New Hampshire Court presents a rare and exciting opportunity to acquire a substantial modern office building with Prior Approval for residential conversionand with further planning potential for redevelopment, subject to necessary consents. This development consists of 12,254sq ft of existing office accommodation (Class E) ground and first floors with 8,000+ 4,000sq ft of additional basement space including 2 further office spaces a staff kitchen and considerable storage.
Accommodation
12,254 sq ft of existing office accommodation (Class E)
8,000+ sq ft of additional basement storage
28 on-site parking spaces
Location
M27 & A3(M) motorways
Southampton International Airport (30 mins)
Portsmouth International Ferry Port with routes to France and Spain
Tenure
Freehold
Planning
Community Infrastructure Levy (CIL) Considerations
The existing basement comprises over 8,000 sq ftequivalent to two additional floors in building mass.
In a redevelopment scenario, this basement could be reconfigured as under croft parking, with two new floors added above ground in its place.
This would result in no net increase in internal floor area (i.e., +8,000 sq ft above, -8,000 sq ft below), thereby mitigating CIL liabilities and generating significant cost savings for a future developer.
Contextual Height and Massing Support
Empire House, partially connected at the rear, is already one storey taller than the subject property and features windows overlooking the shared light-well.
A neighbouring building directly opposite Empire House is five storeys, providing precedent and support for increased height and massing.
Given the scale and configuration of the site, there is potential for further development or intensification, subject to planning, ideal for residential, co-living, or mixed-use schemes.
About this agent
Why Landmark? Landmark Auctions have a wealth of experience in the property and auction industry and pride ourselves in offering the best service, whether you are selling or buying with us. Our auctions are in-house, online and live streamed across the country. Each auction offers residential and commercial property, development, investments and land. We will guide you through the auction with all the information you need.