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Kingston Road, North End PO2 7LR

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

TO BE SOLD BY PUBLIC AUCTION AT A DATE TO BE CONFIRMED
(UNLESS SOLD PREVIOUSLY).
GUIDE PRICE:  £220,000-£230,000.
We invite IMMEDIATE CASH OFFERS, prior to possible Public Auction, from investors and developers for this MIXED COMMERCIAL/RESIDENTIAL BUILDING, the ground floor retail part being LET currently, the upper three floors (six rooms plus kitchen and bathroom) being VACANT and having considerable potential.  Kingston Road runs from Fratton Road to London Road, No. 232 being on the east side a little to the north of Powerscourt Road. This convenient, secondary trading area and residential address is close to a wide range of public amenities. The premises comprise a late-Victorian four-storey building with brick elevations under a pitched roof, the facade incorporating splay bay window, glazed shop front, and private door to the living accommodation. Trading as Matt Fisheries, the retail unit is LET at £550 p.c.m.  on a new 3 year lease. The upper living accommodation is available with the benefit of VACANT POSSESSION, having been previously occupied (informally) as shared rooms. Planning consent (not implemented, and since lapsed) was granted in 2008 for conversion of this part to form a 1 Bedroom Flat plus a 2 Bedroom Maisonette. Offering much scope to create a lucrative investment return, full particulars of this opportunity are given as follows:

SHOP

UPVC and double-glazed frontage with recessed entrance door to:

RETAIL AREA - 6.1m x 3.68m (20'0" x 12'1")

Through to:

PREPARATION ROOM - 3.56m x 2.97m (11'8" x 9'9")

Doorway to:

REAR STORE 1 - 5.77m x 1.42m (18'11" x 4'8")

Sink unit. W.C.  off.

REAR STORE 2 - 6.1m x 3.05m (20'0" x 10'0")

Access to fire exit.

LIVING ACCOMMODATION

UPVC and obscure double-glazed outer door to:

Hallway

Fire exit door serving shop.

First Floor

Room One - 4.98m x 4.32m (16'4" x 14'2")

Splay bay window to front elevation having UPVC replacement double-glazing. Double panel radiator.

Kitchen - 3.86m x 2.54m (12'8" x 8'4")

Fitted base and wall cupboards, single drainer stainless steel sink unit with mixer tap. Plumbing for washing machine. Cupboard housing Glow-worm gas fired central heating and hot water boiler. UPVC replacement double-glazed window to rear elevation.

Bathroom & W.C. - 2.39m x 1.8m (7'10" x 5'11")

White suite comprising: panelled bath, pedestal handbasin, and low flush w.c. UPVC replacement obscure double-glazed window to rear elevation

Second Floor

Landing

Double panel radiator.

Room Two - 4.52m x 3.12m (14'10" x 10'3")

Pair of UPVC replacement double-glazed windows to rear elevation. Handbasin. Two single panel radiators.

Room Three - 4.37m x 2.49m (14'4" x 8'2")

UPVC replacement double-glazed window to front elevation. Double panel radiator.

Room Four - 3.05m x 2.21m (10'0" x 7'3")

UPVC replacement double-glazed window to front elevation. Single panel radiator.

Top (3rd) Floor

Small Landing

Room Five - 4.62m x 2.67m (15'2" x 8'9")

Sloping ceiling with 'Velux' roof window to rear slope. Double panel radiator.

Room Six - 4.65m x 2.79m (15'3" x 9'2")

Part-sloping ceiling with 'Velux' roof window to front slope. Double panel radiator.

OUTSIDE

Nil, the site is fully developed.

Commercial EPC 'C'

Residential EPC 'D'

RESIDENTIAL COUNCIL TAX

Band 'A' - £1,320.51 p.a. (2023-24)

VIEWING

By appointment with AGENTS & AUCTIONEERS,
D. M. NESBIT & CO.
(17831/048317)

ADDITIONAL AUCTION COSTS

A Buyer's Premium of £450 + V.A.T., will be payable by the purchaser to the Auctioneers, either in the Saleroom or, if the Lot is sold prior to Auction, at the offices of Nesbit & Co. An Auction Legal Pack (including Contract of Sale and Special Conditions) will be prepared by the Seller's Solicitors and available for inspection by interested parties. Those intending to bid are advised to make themselves aware of the content of the Legal Pack, containing, as it will, information in respect of any other charges that may apply (Search Fees and/or Seller's legal costs for example).

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Kingston Road, North End PO2 7LR

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About Nesbits, Southsea

7 Clarendon Road, Southsea, PO5 2ED
Industry affiliations:

Established in 1921 as an independent practice of Estate Agents, Chartered Surveyors & Auctioneers, and at our address in the heart of Southsea Town Centre since 1965, Nesbit & Co are very much a recognised and trusted name in Estate Agency.

We have carved out a strong reputation among our competitors, based upon the highest standards of service, true professionalism, and a tenacious attitude to our clients' interests - qualities which, when combined with deep local knowledge and a level of experience second to none (Robin Evans, our Head of Residential Sales, having been with the firm since 1973), allow us to stand out from the field.

Operating throughout Portsmouth and the immediate surrounds, Nesbit & Co handle the sale of all types of residential property. As well as conventional marketing, we are uniquely placed to offer clients the often desirable option of sale by Public Auction through the city's only Property Auction Saleroom. Probate sales are a speciality. Our associated Antique & Fine Art Division can assist with the valuation and disposal of chattels, ranging from single items to entire house contents.

For all your property needs, choose a name you can rely on - Nesbit & Co.

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Disclaimer - Property reference S899670. 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 Nesbits, 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 Nesbits, Southsea on 0238 214 8243.

*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.”

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