Clarenco LLP is putting the iconic fort on the market with the aim of attracting an ‘entrepreneurial high net worth investor or developer’ to take on the site.
Representing a unique residential or tourism development opportunity, the 73m diameter armour plated fort is situated just off the Portsmouth coast.
Despite the site being listed as a Scheduled Ancient Monument, planning permission for conversion to 14 luxury apartments was secured in 2004.
Oliver Childs, national head of auctions at LSH said: “Over the years we have sold nuclear bunkers, telecommunications masts, former reservoirs, beaches and airfields to name but a few.
“Unique assets such as this appeal to buyers with creative vision and we are expecting worldwide interest.”
Steve Leahy, property director at Clarenco LLP, added: “The success of our development of No Man’s Fort and Spitbank Fort in the Solent demonstrates the potential of this unique opportunity for an entrepreneurial high net worth investor or developer to create their own vision.”
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement