Property for sale

London Road, Portsmouth PO2

Summary
auction sale 23 June 2026 - > Mixed use commercial & residential property > Ground floor commercial unit with spacious one
bedroom flat over > Currently let – rent reserved at £10,500 pa

description
*** to be sold by public auction on 23rd June 2026 at the grand connaught rooms, 61 - 65 great queen street, london, WC2B 5DA (Online bidding available) ***

Tenure
Freehold

Location
The property can be found within the Hilsea area of Portsmouth, located on the northerly outskirts of the city and is well placed for local trade and travel networks, with nearby connection to the A27 & M27 along with routes to the city centre and surrounding areas.

Description
This two-storey mid terrace mixed use commercial & residential live work unit comprises of a ground floor commercial unit which currently operates as a coffee bar, with a spacious one-bedroom flat on the first floor. The property would benefit from a level of modernisation, whilst offering a substantial level of accommodation that offers the potential for various uses/residential conversion (STPP).

Accommodation
Ground Floor: Retail/Counter Room, Kitchen/Prep Room, Lean To Side Store Room, WC, Inner Hallway with Stairs to First Floor, Store Room.
First Floor: Landing, Living Room, Kitchen, Bedroom, Shower Room/WC.
Outside: Rear courtyard with rear service access.

Tenancy Details
The property is let at £10,500 pa on a 5-year tenancy from 5th October 2021 to 4th October 2026. Buyers are advised to satisfy all enquiries regarding the status of the tenancy prior to bidding.

Agents Note
The floorplan shown is for guidance purposes only. Buyers must inspect the property to verify the accommodation, prior to the auction.
EPC E


Council Tax Band A

Important Notice:
For each Lot, a contract documentation fee of £1,800 including VAT is payable to Fox & Sons/Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.

Whilst Fox & Sons make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers. Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.