Fry & Kent says ..

Property Oracle says ..

This property presents a unique opportunity in the sought-after Old Portsmouth area. Currently configured as a commercial space (dental practice) on the upper floors and a large ground floor unit with rear office space, this substantial building offers versatility. The images reveal a mix of modern updates and areas requiring attention or refurbishment. The upper residential areas are presented in good condition; the existing dental practice is well appointed and modern with well-equipped surgeries. The large ground floor space presents opportunities for various commercial uses, given its prominent High Street location. The basement area appears to need the most attention, requiring some updating, however, it also contains significant mechanical equipment which enhances the viability of the current business.

The lack of a garden is a notable limitation, especially if a residential conversion is considered. However, the location itself is a significant advantage, offering proximity to Portsmouth Harbour and the city center, multiple schools, and the attractive Old Portsmouth waterfront.

Potential buyers should conduct thorough due diligence regarding any necessary renovations, potential planning permissions, and the specific commercial viability of the ground floor space before proceeding. Considering the current market climate and potential for future development or refurbishment, the listing price should be weighed against potential development costs and projected returns.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images