For Sale by Auction on 16th October 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.
The vendor will retain the use of two areas of the site for gas operational purposes (edged in blue and green) totalling circa 0.05 acres (2,121 sq. ft). Access to these areas will need to be made available 24/7.
The site has a single point of access through Cranbourne Road, which leads in from the west of the site. There are easement strips near the entrance and the southern boundary of the site with conduits running beneath the surface to the retained area (edged in blue).
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 blue and green. The blue will be leased back on a 999 year lease at a peppercorn rent. The green will be leased back on 15 year lease with three yearly tenant only break options at £3,000 per annum. Refer to the legal pack.
Guide Price - £75,000
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 (£3,000 pa in part - refer to the legal pack)