Commercial Development in PO4

Locksway Road, Southsea, Hampshire, PO4 8JP

Brochure

Starting Bid
£140,000

Tenure: Freehold

Lisa Neil
Branch Manager
0191 580 1587
commercial@pattinson.co.uk

Key Information

Parking: None

Property features

Currently classified under B1 use
Versatility and scope for conversion (subject to the necessary planning consents).
Valuable rear access
Rare opportunity for investors, developers, or owner-occupiers

Commercial Development in PO4

For sale via secure sale online bidding - terms and conditions apply.

82 Locksway Road presents an excellent opportunity to acquire a well-established commercial property with significant development potential, offered via the Modern Method of Auction.
Currently classified under B1 use, the property has been successfully operated as office space for over 30 years, making it ideal for continued commercial use. However, its true appeal lies in its versatility and scope for conversion (subject to the necessary planning consents). Prospective buyers may wish to explore options such as transforming the building into a spacious three-bedroom family home, creating two one bedroom flats, or developing a mixed-use scheme with a commercial unit on the ground floor and a residential flat above.
The property further benefits from valuable rear access, enhancing both its practicality and development potential. Situated in a well connected location, this is a rare opportunity for investors, developers, or owner-occupiers looking to unlock value in a flexible space

Early interest is expected contact us today for further details on how to participate in the Modern Method of Auction.

Please note we have not inspected this property.

Location

Situated in a well connected location, this is a rare opportunity for investors, developers, or owner-occupiers looking to unlock value in a flexible space.

Accommodation

Currently classified under B1 use, the property has been successfully operated as office space for over 30 years, making it ideal for continued commercial use. However, its true appeal lies in its versatility and scope for conversion (subject to the necessary planning consents). Prospective buyers may wish to explore options such as transforming the building into a spacious three-bedroom family home, creating two one bedroom flats, or developing a mixed-use scheme with a commercial unit on the ground floor and a residential flat above.

Tenure

Freehold - title number HP160496

EPC

We currently await a copy of the EPC.

Rateable Value

Current rateable value (1 April 2026 to present) £4,650 Sourced from VOA.

Additional Information

For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.

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