Thursday 31 March 2016

2 New Road Day Centre Sold


On behalf of the Cornelius Centre Charity Holloway Iliffe & Mitchell are pleased to report the sale of the former Day Centre on 2 New Road, Portsmouth. The two-storey detached property was bought by a private purchaser for an undisclosed amount. 
 
The premises which were sold with the benefit of a D1 Day Centre Use is situated to the South side of New Road and is within close proximity of North End, a main thoroughfare to Portsmouth City Centre.
 
Commenting on the sale, Luke Mort, Commercial Agent at Chartered Surveyors Holloway, Iliffe & Mitchell said:
“Having been appointed to sell 2 New Road, we received a high level of interest, which is likely to have been enhanced by the premises potential for redevelopment. This follows the recent sale of 108 New Road, which highlights an increased demand within this location.”
 
Holloway Iliffe & Mitchell remain very active in the commercial property sector, in Portsmouth and along the South Coast and seek new instructions to satisfy their active applicant database.