Lot 45 Mixed Use Freehold BuildingAuction Date:
12th June 2025
Portsmouth Ink Store, 4-6 Fratton Road, Portsmouth, PO1 5BX
Located on Fratton Road, a major thoroughfare of Portsmouth, this extensive building offers considerable scope and potential for further development, particularly to the rear where there is a sizeable store room with its own access from Kingsdown Place. The current residential accommodation comprises a flat on the first floor with access from the side.
The shop would benefit from being remodelled to provide a smaller retail space, with the existing large store to the rear being converted to residential use, subject to all necessary consents being obtainable.
Commercial
Ground Floor
Shop front and main retail area, rear storage, ancillary space, kitchenette, W.C., three storage rooms to rear with metal shutter/roller door and further W.C.
EPC Rating
C (56). Total Floor Area 96 sq.m.
Residential
Ground Floor
Entrance porch and stairs.
First Floor
Landing, living room, kitchen, two bedrooms and bathroom with W.C.
EPC Rating D
Council Tax Band A
Freehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 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 cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
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 Buyers Fees
