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Lot: 116 - FREEHOLD FORMER RESTAURANT AND BAR WITH LIVING ACCOMMODATION AND POTENTIAL FOR RESIDENTIAL CONVERSION - Former Restaurant and Bar with Living accommodation for sale at auctionLot: 116 - FREEHOLD FORMER RESTAURANT AND BAR WITH LIVING ACCOMMODATION AND POTENTIAL FOR RESIDENTIAL CONVERSION - Bar area of Former Restaurant for sale in Old PortsmouthLot: 116 - FREEHOLD FORMER RESTAURANT AND BAR WITH LIVING ACCOMMODATION AND POTENTIAL FOR RESIDENTIAL CONVERSION - Ground Floor eating area of former restaurantLot: 116 - FREEHOLD FORMER RESTAURANT AND BAR WITH LIVING ACCOMMODATION AND POTENTIAL FOR RESIDENTIAL CONVERSION - One of the first floor seating areasLot: 116 - FREEHOLD FORMER RESTAURANT AND BAR WITH LIVING ACCOMMODATION AND POTENTIAL FOR RESIDENTIAL CONVERSION - View of Portsmouth Cathedral from Former Restaurant for sale at auctionLot: 116 - FREEHOLD FORMER RESTAURANT AND BAR WITH LIVING ACCOMMODATION AND POTENTIAL FOR RESIDENTIAL CONVERSION - A Section of the first floor dining areaLot: 116 - FREEHOLD FORMER RESTAURANT AND BAR WITH LIVING ACCOMMODATION AND POTENTIAL FOR RESIDENTIAL CONVERSION - Part of the first floor restaurant areaLot: 116 - FREEHOLD FORMER RESTAURANT AND BAR WITH LIVING ACCOMMODATION AND POTENTIAL FOR RESIDENTIAL CONVERSION - A section of the first floor dining areaLot: 116 - FREEHOLD FORMER RESTAURANT AND BAR WITH LIVING ACCOMMODATION AND POTENTIAL FOR RESIDENTIAL CONVERSION - The Rear of the Ground Floor Dining AreaLot: 116 - FREEHOLD FORMER RESTAURANT AND BAR WITH LIVING ACCOMMODATION AND POTENTIAL FOR RESIDENTIAL CONVERSION - Portsmouth Cathedral directly opposite the property
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Lot 116 Freehold Former Restaurant And Bar With Living Accommodation And Potential For Residential ConversionAuction Date:
12th June 2024

54 High Street, Old Portsmouth, PO1 2LU

£865,000*+ FEES
Category Mixed Commercial/Residential
Tenure Freehold
Bedrooms x 4


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: 023 9283 4334. Website: portsmouth.gov.uk.

Freehold with Vacant Possession



54 High Street, Old Portsmouth


There is an addendum available to be read
in conjunction with the legal documentation.

Further Information

Rob Marchant/Joe Rocks
on 01489 564606

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  • Thu 20th June
    16:30

Joint Agents

Fry & Kent

Fry & Kent
023 9281 5221

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