Land for sale

Great Southsea Street, Southsea PO5

Rare development opportunity – planning consent granted

An exciting opportunity to acquire the former Carter & Co restaurant/pub with planning consent for conversion into two substantial four-bedroom townhouses.

The scheme offers the potential to create high-quality family homes, combining the character of the existing building with modern residential accommodation. Ideally located for Portsmouth and Southsea, the development benefits from strong local demand for quality family housing.

Additional adjoining land is also available by separate negotiation, offering the potential to create two further four-bedroom townhouses.

A rare opportunity for developers, investors or those seeking a substantial residential project in a sought-after Portsmouth location.

Planning information and further details available upon request.

Description

Exceptional Residential Conversion Opportunity

Carter & Co, Portsmouth

An exciting opportunity to acquire Carter & Co, a prominent former restaurant and public house, with planning consent for its conversion into two substantial four-bedroom townhouses.

The approved scheme provides an excellent opportunity to transform this well-known building into a pair of stylish and spacious family homes, retaining the character and presence of the existing property while creating contemporary residential accommodation designed for modern living.

The proposed townhouses are expected to provide generous living accommodation across multiple floors, with the scale and layout ideally suited to the increasingly strong demand for high-quality family housing within Portsmouth and the surrounding area.

A further significant attraction is the adjoining land to the side of the property, which is available by separate negotiation and offers the potential for the creation of two additional four-bedroom townhouses. This provides an incoming purchaser with the opportunity to acquire the consented conversion scheme initially, with the potential to expand the development through the separate acquisition of the adjoining site.

The existing planning consent provides a valuable head start, allowing a purchaser to progress towards implementation without the uncertainty and timescale associated with seeking an entirely new planning approval.

The location provides excellent access to the amenities of Portsmouth and Southsea, with the area benefiting from strong demand for well-designed family homes and a limited supply of new residential opportunities.

An Opportunity with Genuine Development Potential

Opportunities to acquire established buildings with the potential for high-quality residential conversion, together with adjoining development land, are increasingly rare. The combination of an existing consented scheme, an established building and the potential to acquire additional land makes this an opportunity worthy of close consideration by developers, investors and owner-occupiers seeking a substantial bespoke home.

The two townhouse conversion opportunity and the adjoining land for two further townhouses are available separately. Further information, including planning details and proposed accommodation, is available upon request.

Aml Check Administration Fee

In accordance with UK legislation, mandatory Anti-Money Laundering checks will be conducted on all prospective buyers. Please be advised that a non-refundable compliance fee of £50+VAT per person/check will be charged. This fee covers the cost of digital verification and ongoing monitoring and is payable prior to the commencement of our services.