Property photos
Auction
Guide price
£850,000
4 bed property for sale
High Street, Portsmouth PO14 beds
EPC rating: C
Local area information
Property location
Nearby amenities
- St Jude's CofE Primary School 0.1 miles
- The Portsmouth Grammar School 0.2 miles
- Portsmouth IOW Car Ferry Terminal 0.2 miles
- Southsea Hoverport 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Gosport, Southsea and Portsmouth to find out more about the local area.
Features and description
- For Sale by Online Auction
- Auction Date : 12 June 2024
- Lot Number : 116
- Freehold Former Restaurant And Bar With Living Accommodation And Potential For Residential Conversion
- Mixed Commercial/Residential
- Freehold
- *Guide Price : £850,000 - £900,000 + Fees
This five storey freehold building is situated in sight of the Square Tower and Hotwalls and opposite the Cathedral in the heart of
Old Portsmouth.
For many years the building traded as the landmark Monk's Bar both in private ownership and then through the Gales Brewery. When Gales was acquired by Fullers who already have other pub and dining interests in the vicinity the decision was made to close Monk's Bar as to dilute the competition for existing outlets. However, it is considered that the building could once again be returned to its former use as a splendid bar and restaurant with a significant level of bar and eating space over the ground and first floors.
The upper floors are, at present, arranged as living accommodation and had previously provided a home for a previous owner and then latterly the pub/restaurant management and a chef. There is the major advantage of rear access to the building with a wrought iron staircase providing independent access to the upper floors, if required.
It is considered that the building offers huge scope and potential, as previously indicated, for a return to its former use or alternatively other commercial uses or perhaps a conversion into a significant residential dwelling may be a further option that prospective purchasers may wish to consider, subject to all necessary consents being obtainable.
Cellar
Traditional beer cellar including trapdoor from the High Street for beer deliveries.
Ground Floor
Entrance lobby, large bar and eating area and commercial kitchen in need of refitting and refurbishment.
First Floor
Continuation of the restaurant area though in a more broken layout with access from staircases to both front and rear of the building.
Second and Third Floors
A range of bedroom/reception rooms/offices. On each floor there is a kitchen and on each floor there is a bathroom with W.C.
Outside
Courtyard to rear with additional store room, rear pedestrian access and a wrought iron staircase providing additional access to the first, second and third floors.
Local Planning
Portsmouth City Council: Tel: Website:
Freehold with Vacant Possession
Commercial EPC: C
Important:
All 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 the Auction Day.
Price Information
*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 our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Old Portsmouth.
For many years the building traded as the landmark Monk's Bar both in private ownership and then through the Gales Brewery. When Gales was acquired by Fullers who already have other pub and dining interests in the vicinity the decision was made to close Monk's Bar as to dilute the competition for existing outlets. However, it is considered that the building could once again be returned to its former use as a splendid bar and restaurant with a significant level of bar and eating space over the ground and first floors.
The upper floors are, at present, arranged as living accommodation and had previously provided a home for a previous owner and then latterly the pub/restaurant management and a chef. There is the major advantage of rear access to the building with a wrought iron staircase providing independent access to the upper floors, if required.
It is considered that the building offers huge scope and potential, as previously indicated, for a return to its former use or alternatively other commercial uses or perhaps a conversion into a significant residential dwelling may be a further option that prospective purchasers may wish to consider, subject to all necessary consents being obtainable.
Cellar
Traditional beer cellar including trapdoor from the High Street for beer deliveries.
Ground Floor
Entrance lobby, large bar and eating area and commercial kitchen in need of refitting and refurbishment.
First Floor
Continuation of the restaurant area though in a more broken layout with access from staircases to both front and rear of the building.
Second and Third Floors
A range of bedroom/reception rooms/offices. On each floor there is a kitchen and on each floor there is a bathroom with W.C.
Outside
Courtyard to rear with additional store room, rear pedestrian access and a wrought iron staircase providing additional access to the first, second and third floors.
Local Planning
Portsmouth City Council: Tel: Website:
Freehold with Vacant Possession
Commercial EPC: C
Important:
All 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 the Auction Day.
Price Information
*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 our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans
No floor plan available
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Unlock more data
Listed by
Clive Emson Auctioneers
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Clive Emson Auctioneers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Clive Emson Auctioneers for full details and further information.