Skip to content
COMMERCIAL

High Street, Old Portsmouth

Guide Price
£850,000
Fry & Kent, Southsea
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Key features

  • ** FOR SALE BY PUBLIC AUCTION 26th JULY **
  • Guide Price £850,000 to £900,000
  • Five Storey Freehold Building with Mixed Use Potential (STP)
  • Former Restaurant & Bar with Living Accommodation
  • Fabulous Location Close to Hotwalls & Spice Island
  • Ground Floor Bar & Restaurant Area & Commercial Kitchen
  • Three First Floor Restaurant Rooms & Customer W.C's
  • Upper Floors Offering Living Accommodation/Offices
  • Traditional Beer Cellar : Courtyard with Storage & Rear Access

Description

** FOR SALE BY PUBLIC AUCTION 26th JULY ** Guide Price £850,000 - £900,000*+ FEES We have pleasure in marketing this IMPRESSIVE landmark Bar & Restaurant formally trading as Monks Bar in a prime location opposite Portsmouth Cathedral within the CONSERVATION city of Old Portsmouth. Spanning four floors plus a beer cellar, the building offers huge SCOPE and potential with investment and updating to return to its former use as a splendid bar and restaurant with SIGNIFICANT bar area and restaurants over the ground and first floors. The upper two floors provide SUBSTANTIAL living accommodation (home of the previous owner and latterly pub/restaurant manager and chef) or offices which provides OPTIONS to convert into alternative commercial uses or perhaps conversion into residential dwellings subject to all the necessary planning consents obtained. There is a courtyard with storage facility, rear access and wrought iron staircase providing external access to the upper floors. There is also a beer cellar with trapdoor access from the High Street.No forward chain. Viewing strictly by appointment. Interested parties must register and request the legal pack with our joint auctioneers, Clive Emson on or via the link

Ground Floor

Entrance Lobby

Main Bar & Restaurant

Kitchen

First Floor

Three Restaurant Rooms

Customer W.C's

Second Floor

Two Receptions/Bedrooms/Offices

Kitchen

Third Floor

Two receptions/Bedrooms/Offices

En-Suite Bathroom

Kitchen

Outside

External Store Room

Courtyard

With rear access

AGENTS NOTES

Live Bidding commences 14th June and Ends 12 noon on 16th June. Interested parties must register with our joint auctioneers, Clive Emson on or robert.

Lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
Price Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check regularly at cliveemson.co.uk in order to stay fully informed with the up-to-date information.

ADDITIONAL FEES
An Administration fee and...

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Performance Certificate

High Street, Old Portsmouth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Portsmouth Harbour Station0.5 miles
  • Portsmouth & Southsea Station0.8 miles
  • Fratton Station1.4 miles

About Fry & Kent, Southsea

7/9 Stanley Street, Southsea, PO5 2DS
Industry affiliations:Industry affiliation logo 0

SOUTHSEA & OLD PORTSMOUTH

Our Company has been at the centre of the Portsmouth & Southsea property market for over 40 years and during that time has established a reputation for professionalism, integrity and levels of service which set us apart from the competition.

Our four Branch Network of offices covers the whole of Portsea Island and a 10 mile radius outside of the City ,our Southsea Head Office covers , Southsea, Old Portsmouth & Gunwharf Quays.

If you wish to live in or around our area you will find that we can offer an extremely wide, varied & appealing selection of quality properties to suit all budgets from which we are confident you will find something to interest you.

If you already reside locally and are considering a move you will no doubt be aware of our name and in these changing and uncertain times it is good to know that there are some things which you can still rely upon. That said, whilst we aim to maintain the traditional core values for which we are known, we also strive to integrate the latest technology and systems where it benefits both our business and our clients interests.

Buying , Selling, Renting or Letting a property has become a much more complex and involved journey but we are here to help you steer the right course, to overcome any obstacles and ultimately to reach your destination!

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 11526186. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fry & Kent, Southsea. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Fry & Kent, Southsea on 0238 144 9974.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Map data ©OpenStreetMap contributors.