For Sale in Portsmouth: Former Royal Naval Comrades Club site up for auction for £500,000

The former Royal Naval Comrades Club at 86 Lake Road, Portsmouth, which traded for many years as a members’ social club and has planning consent to be converted into eight residential dwellings, and it has a freehold guide price of £500,000-plus fees.

Planning permission was granted by Portsmouth City Council back in December 2021 and the planning permission means that the land can be developed to form two, three-bedroom houses, four, one-bedroom flats and two, two-bedroom flats, with associated amenity space, refuse and cycle storage. This opportunity would be ideal for someone that wants to convert the land into new properties and sell them on.

The auction will take place on March 20, 2024 and it is up for auction with Clive Emson land and property auctioneers for £500,000 plus fees, and for more information about the site, click here.