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Fratton Road, Fratton, Portsmouth PO1 5HH

Description

TO BE SOLD BY PUBLIC AUCTION
TUESDAY 23rd JUNE (at The Queens Hotel, Southsea) UNLESS SOLD PRIOR
GUIDE PRICE: £400,000-£450,000 
Of interest to investors, developers and others: prominently situated, the extensive (4,350 sq ft approx) MAINLY VACANT FREEHOLD COMMERCIAL PREMISES, highly speculative and with considerable potential for a variety of uses. A mixed commercial/residential location, Fratton Road runs from Fratton Bridge to Kingston Road, Nos. 226-232 being on the east side a short distance from the junction with Clive Road. This position is some half a mile only from Commercial Road Shopping Precinct, convenient to a wide range of public amenities including main-line stations, university campus, and historic Old Portsmouth. 
OCCUPANCY, HISTORY, PLANNING: The large majority of the premises (226-230, together with the rear and upper parts of 232) will be VACANT upon completion, whilst the front shop part of 232 (trading as B's Barbers) is let informally at a current rent of £400 p.c.m.
The main building is recorded as having been constructed, around 1930, for The Ancient Order of Foresters Friendly Society, later becoming a music venue - The Paradise Found Club - and, in 1976, home to Hampshire ex-Services Club. In 2013 consent was granted for Change of Use to shop (Class A1), this being the current purpose, a use now ending due to the sellers' retirement from trading. It is felt that the Lot lends itself to a wide range of future uses, both commercial and residential, with the latter including possible HMO, as applies to the adjacent, now much extended premises. Any change will, of course, be subject to the necessary planning approval, with interested parties being advised to satisfy themselves in this respect through approach to Portsmouth City Council. Full particulars are given as follows and enquiries are invited:

226-230

RECESSED PORCH

With three glazed entrance doors.

RECEPTION AREA - 5.08m x 3.1m (16'8" x 10'2")

Parquet flooring. Built-in cupboard under stairs.

RETAIL ONE - 9.45m x 3.3m (31'0" x 10'10")

Door to:

COVERED SIDEWAY

Extending the full depth of the site, having: access to metal fire escape, double doors from the pavement, and link to No. 232.

ENCLOSED YARD (behind 232) - 3.66m x 3.05m (12'0" x 10'0")

 

From Reception Area to:

RETAIL TWO - 9.8m x 6.3m (32'2" x 20'8")

Ceiling Height: 11'0 (3.35m) Parquet flooring. Window to side elevation. Door to:

KITCHEN - 5.21m x 3.58m (17'1" x 11'9")

Two obscure-glass windows to covered sideway. Parquet flooring. Double drainer stainless steel sink unit.

 

Square opening from Retail Two to:

RETAIL THREE - 8.53m x 6.71m (28'0" x 22'0")

Parquet flooring. Windows on two sides. Door to REAR YARD. Inner Lobby with access to covered sideway. Door to:

STORE ROOM - 4.88m x 3m (16'0" x 9'10")

Door to covered sideway.

 

From Reception Area to:

LOBBY

Having secondary access from the street and a wide staircase to:

FIRST FLOOR

LANDING

Obscure-glass window to front elevation. Skylight with access to Loft Space.

TOILETS - 4.32m x 3m (14'2" x 9'10")

Three cubicles, each with low flush suite; twin handbasins. Four obscure-glass windows to front elevation.

STORE - 3.45m x 3.25m (11'4" x 10'8")

Two windows to front elevation.

MAIN HALL - 16.76m x 8.38m (55'0" x 27'6")

Obscure-glass windows on two sides. Access to fire escape. Recessed KITCHEN AREA. Raised stage having storage below. Steps up to:

BOILER ROOM - 3m x 2.54m (9'10" x 8'4")

Door to the stage. Window to front elevation. 'Glow-worm' gas fired boiler.

232

GROUND FLOOR SHOP

(Not measured). Currenly LET and trading as B's Barbers, at a rent of £400 p.c.m.

GROUND FLOOR REAR

(These rooms, together with those above, being used by the sellers as part of their adjacent main business premises, thus offered VACANT).

Room One - 7.57m x 2.03m (24'10" x 6'8")

To:

Rear Hall

And to:

Room Two - 2.41m x 2.26m (7'11" x 7'5")

Room Three - 3.91m x 2.41m (12'10" x 7'11")

FIRST FLOOR

Room One - 5.13m x 3.38m (16'10" x 11'1")

Window to front elevation. Door to:

Inner Lobby - 2.13m x 2.08m (7'0" x 6'10")

And to:

Room Two - 7.49m x 2.06m (24'7" x 6'9")

To:

Rear Lobby

To:

Room Three - 2.9m x 2.39m (9'6" x 7'10")

Room Four - 3.38m x 3.25m (11'1" x 10'8")

EPC

226-230 Fratton Road, Portsmouth - Commercial Energy Performance Rating 'F' Storage - Total Floor Area 614 sq m
232 Fratton Road, Portsmouth - Commercial Energy Performance Rating 'C' Retail - Total Floor Area 25 sq m

VIEWING

By appointment with SOLE AGENTS & AUCTIONEERS,
D. M. NESBIT & CO.
(18078/059421)

ADDITIONAL AUCTION COSTS

A Buyer's Premium of £600 + V.A.T., will be payable by the purchaser to the Auctioneers. An Auction Legal Pack (including Contract of Sale and Special Conditions) will be prepared by the Seller's Solicitors and available for inspection. Bidders 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 1Full Details
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.
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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.
Yes
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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Fratton Road, Fratton, Portsmouth PO1 5HH

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Affordability

Monthly repayments£2,257
Property: £ 450,000
Deposit: £ 45,000
Interest rate: 5.33%
Term: 30 years
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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.

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 S1784545. 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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