Summary - ROYAL MARINES MUSEUM, EASTNEY ESPLANADE PO4 9PX
1 bed 1 bath Hotel
Large coastal site with strong redevelopment potential for experienced developers.
- Seafront site of c.8.159 acres (3.3 ha) with sea views
- Substantial Victorian building: c.60,000 sq ft GIA
- 110-space car park fronting Eastney Esplanade included
- Grade II Listed building and Scheduled Ancient Monument constraints
- Previous hotel application withdrawn; revised application pending decision
- Vacant property requiring significant refurbishment and conservation works
- VAT payable on sale; sold freehold with vacant possession
- Not in a flood risk zone but set on low‑lying ground
A rare seafront redevelopment opportunity set across approximately 8.159 acres (3.3 ha) with an imposing Grade II Listed Victorian former Royal Marines Museum. The main building offers around 60,000 sq ft of gross internal area across 3.5 storeys plus basement, large lawned frontage and a 110-space car park on Eastney Esplanade. Its location directly overlooking Eastney Beach provides strong tourism and leisure appeal and clear potential for hotel, residential, care or educational reuse (subject to planning).
The site carries significant heritage and planning constraints: the building is Grade II Listed, parts of the perimeter are Scheduled Ancient Monuments and previous hotel planning proposals were withdrawn and then resubmitted. Practical realities include substantial refurbishment requirements for a 19th-century, vacant building, listed-works approvals, and the need to agree detailed conservation-sensitive changes. VAT is applicable on the sale and the property will be sold with vacant possession.
For developers and investors, the scale, seafront position and existing car park are key value drivers, particularly if proposals align with Portsmouth’s Seafront Masterplan and regeneration objectives. Bids are invited on conditional and unconditional bases with a best bids deadline of 31st July at midday. Prospective purchasers should factor in listed-building consent, scheduled monument restrictions and likely conservation-led costs when assessing viability.
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