For Sale by Auction on 20th November 2025
The secure 1.77 acres (77,122 sq. ft) site formally housed three gas holders, of different ages and specifications, which have recently been demolished. As part of the demolition the site has been predominantly levelled, however, because of the different gas holders, there are slightly raised and dipped areas. Southern Gas Networks Plc has retained the use of two areas of the site for gas operational purposes (edged in blue (pursuant to a transfer deed dated 26 March 2025) and green (pursuant to a lease dated 22 January 2025)) totalling circa 0.05 acres (2,121 sq. ft).
Location
The site is located in Hampshire, on the south side of the Gosport peninsular, close to the Solent. Portsmouth Harbour is 1 mile to the east, separated by the channel and linked by the ferry. The site lies about 6.5 miles south of the M27 and can be accessed by Fareham Road. Gosport High Street is less than a mile from the site. The surrounding area is a mixture of commercial (industrial) uses, an Asda Superstore and residential dwellings.
Accommodation
Size - 1.77 acres (0.72 hectares)
Terms
Tenure - Freehold - The freehold for the site is for sale, which includes the areas edged in green. The area edged blue has been transferred pursuant to a transfer dated 26 March 2025. The area edged green has been leased back on 15 year lease (term commencing on 22 January 2025) with three yearly tenant only break options and a mutual break on the twelfth anniversary of the term, at £3,000 per annum, subject to cap/collar RPI review every three years. The permitted use under the occupational lease is storage within Use Class B8. Refer to the legal pack.
“Part of the land included in this lot is unregistered (as shown edged red on the plan labelled “SITE LAYOUT”) and will be sold with no title guarantee. The vendor is only disposing of such right, title or interest (if any) that it may have in that part and gives no warranty in respect of it.”Refer to the legal pack.
Guide Price - £625,000
Planning - Gosport Borough Council (02392 545483) www.gosport.gov.uk
The site offers an exiting development opportunity to residential or commercial, subject to obtaining all necessary consents.
Specification
- Freehold site of about 1.77 acres (0.72 hectares)
- Now cleared and levelled
- Possible development site for various uses, subject to necessary consents
- Docuwise Legal Pack Review
- VACANT POSSESSION (subject to 15 year occupational lease at £3,000 pa in part - refer to the legal pack)