Plot for sale
Key information
Property description & features
- Tenure: Freehold
- Substantial block of lock up garages, workshops and an area of garden
- In all, occupying an area of 0.28 acres
- Central location, close to the high street
- Most garages/workshops currently occupied on tenancy agreements
- Excellent investment opportunity
- Rental income circa £30,000 per annum
- Scope and potential for residential housing development (subject to planning permission)
- Mains electricity, water and drainage to the site
- Extremely rare opportunity DON'T MISS OUT!!
The site is set up in three sections and comprises Hostle Park Garages, Portland Mews and the area of garden to the rear. Portland Mews comprises 16 single lock-up garages together with a larger two storey workshop which is divided into two separate letting units. Portland Mews is made up of 8 single lock-up garages and a further 4 workshops which are split over two storey accommodation. The area of garden which sits to the rear of the site amounts to 0.04 acres and measures approximately 29.4m (96ft) long by 5.43m (18ft) wide. At present, the garden area is a well stocked and enclosed but can only be accessed via one of the larger workshops.
The garage units are all fairly standard sized garages. The larger workshop units are much bigger and offer excellent space for a wide variety of different pursuits and activities. Recently, one of the larger ground floor units was used as a car mechanic's workshop.
This substantial block represents an extremely rare opportunity to purchase an excellent investment but there is also considerable scope and potential for future development of the site, subject to planning permission and any other relevant consents. It is considered that the site is large enough to build a mews style residential housing development, as an example.
Services to the site currently include mains electricity, water and drainage. Please note not all of the garages/units benefit from access to these services.
Applicants are advised to proceed from our offices in an easterly direction along the High Street. Follow the road on into Portland Street and continue up the hill turning first right into Hostle Park Road. Follow the road around to the right and the entrance to the site will be found on the right-hand side, 30 metres up the hill.
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Broadband availability and predicted speed: obtained from Ofcom on August 10, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on August 10, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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