Bar & Block, Queen Street, Portsmouth, PO1 3EE

Guide price

£500,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Restaurant

No floor / site plan

Key features

  • Prime city centre location
  • Underneath Premier Inn with 120 Bedrooms
  • Circa 200 internal covers
  • External terrace seating
  • Fully fitted bar & restaurant
  • Energy Rating: B
  • Annual rent: Peppercorn Rent
  • Christie & Co Ref: 3868012

Description

Description

Occupies the ground floor of a modern, purpose-built development, positioned directly beneath a Premier Inn hotel. The property is of contemporary brick construction with rendered frontage, offering a prominent position onto the street with direct customer access.

The unit benefits from external seating to the front, enhancing its appeal and providing additional trading space during favourable weather.

Location

Portsmouth Queen Street is situated in the popular seaside city of Portsmouth, Hampshire, an area renowned for its strong leisure and lifestyle appeal. The immediate surroundings offer a wide range of attractions, including historic landmarks, extensive retail opportunities, all within easy walking distance of the property.

Portsmouth attracts visitors year-round, supported by a vibrant events calendar, including large-scale festivals such as Victorious Festival in nearby Southsea. The city’s rich maritime heritage is showcased at the famous Historic Dockyard, while Gunwharf Quays provides a major shopping and leisure destination with an array of designer outlets, restaurants and bars.

The property benefits from excellent connectivity, with convenient access to the Isle of Wight ferry terminals, Portsmouth & Southsea railway station providing direct services to London and the wider region, and well-served local bus routes running in proximity.

This strong combination of tourist appeal, local footfall and transport links ensures Block + Bar is well positioned to attract both a loyal local customer base and consistent visitor trade throughout the year.

Internal Details

Access is via main automatic doors from the street into the principal reception area, which features a mix of modern booth seating and high tables, with hard flooring throughout.

The main restaurant is located to the right-hand side and provides seating for approximately 140 covers, arranged as a combination of booth seating and tables with chairs, complemented by glass dividers between booths. To the rear of the dining area is a hot plate/service area fitted with modern wooden cabinetry, tiled splashbacks, and timber-clad walls, enhanced by large pendant lighting. From here, there is access to the disabled WCs and an external terrace offering seating for approximately 25 covers.

To the left of the entrance is the bar area, which provides seating for approximately 60 covers, comprising high tables and booth seating along the window frontage. This area also provides access to the ladies’ and gentlemen’s WCs, as well as further access to a connecting hotel at the rear.

The bar itself features a timber countertop with tiled finishes, downlighting, and an exposed brick wall. To the right of the bar is access to a storage cupboard, as well as entry into the open-plan galley kitchen, which is visible from the restaurant and fitted with hot plate cooking facilities. Beyond this, the commercial kitchen leads into a preparation room with a pot wash area and a double-level walk-in fridge and freezer.

A rear hallway provides access to a cleaning cupboard, staff ladies’ and gentlemen’s WCs with shower facilities, a staff room, and a dry store. There is also access to the upper cellar and a secure bin store, along with an additional storeroom behind the bar housing an ice machine.

Fixtures & Fittings

The trade fixtures and fittings are included in the purchase price. Certain items bearing corporate identity, brand name, third-party owned or on the excluded list (see “Terms of Disposal” document) may be removed from the property prior to, or shortly after, completion.

Other Information

Boundary Plans
Restaurant Only Disposal - the plans edged in red are a guide to Whitbread’s property’s ownership, the boundary edged in blue is the demise that will transfer as part of the Freehold, Long Leasehold or shorter leasehold transactions.
Whole Site Disposal – the plans edged in red are a guide to the property’s boundary only. Please seek your own legal advice in respect to the ownership plan.
Stacked Sites – where the restaurant sits directly below the hotel, the access from the Hotel reception will be closed off, with access directed through the main restaurant entrance.

Service Charge (excluding Whole Sites) - The buyer will be expected to pay a service charge, to cover common areas and grounds maintenance and repairs on a proportional basis.
VAT - Will be calculated if the property has living accommodation at 90% or 100% if not and will be added to the purchase price. If the transaction is deemed to be a Transfer of a Going Concern (TOGC), VAT will not be payable.

Staff

The sale is subject to TUPE - Transfer of Undertaking (Protection of Employment), all staff will transfer with the business on completion. Anonymised schedules will be available in the data room for review by qualified parties only.

Trading Information

Trading information is available exclusively to qualified buyers via a secure data room. Access is subject to the execution of a signed Non-Disclosure Agreement (NDA). For further details, please contact the appointed agent.

Trading Hours

Current trading hours:
Breakfast hours - Monday - Friday 6:30am - 10:30am
Weekends 7am - 11am
Monday - Saturday 11:30am - 11pm
Sunday 12pm - 10:30pm

Tenure

Leasehold offers are invited on the basis of a new 125 year lease, although offers for alternative lease terms will also be considered.

Business Rates

The Rateable Value as per the April 2026 Ratings List is £xxxxxx. Confirmation of actual rates payable should be sought from the Local Authority.

Regulatory

The property benefits from a Premises Licence. Any prospective purchaser will be required to hold a Personal Licence and to apply, at their own expense, for the transfer of the Premises Licence (subject to approval by the licensing authority).

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
Ask agent
Read more about energy considerations for commercial property

Bar & Block, Queen Street, Portsmouth, PO1 3EE

NEAREST STATIONS

National Rail

Portsmouth Harbour Station

0.16 miles

National Rail

Portsmouth & Southsea Station

0.69 miles

National Rail

Fratton Station

1.42 miles

About Christie Owen & Davies Ltd, Pubs & Restaurants

Christie Owen & Davies Ltd, Pubs & Restaurants

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work
We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services
We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick
Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

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Disclaimer - Property reference 3868012-lh. 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 Christie Owen & Davies Ltd, Pubs & Restaurants. 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.