8095F

COMMERCIAL LICENSED PROPERTY WITH POTENTIAL FOR A VARIETY OF USES INCLUDING RESIDENTIAL DEVELOPMENT (STPP) LOCATED IN THE HEART OF THE SEASIDE RESORT OF SOUTHSEA, HAMPSHIRE

8095F

  • Prominent position only a short walk from the beach of this popular seaside resort.
  • Open Plan Trading Area with seating for 40 customers along with a bar servery area and access to the small Courtyard Area.
  • Courtyard Smoking Area (circa 10).
  • Commercial Catering Kitchen.
  • Potential for Unique Bar Ideas (Craft Beer, Gin, Cocktails), Café, Coffee Shop, Retail Outlet.
  • Possible Residential Development (SSTP).
  • Closed since Jan 2018.
  • Freehold Opportunity.
A MULTI FACETED FREEHOLD COMMERCIAL LICENSED PREMISES WITH A VARIETY OF OPTIONS


ASKING PRICE £170,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This well positioned Commercial Licensed Property stands on Kassassin Street, Southsea in the heart of the town and a stones throw from the long Eastney Beach.

Southsea is a seaside resort located in Portsmouth at the southern end of Portsea Island, Hampshire.

Southsea is located to the south of Portsmouth City Centre and to the east of Old Portsmouth. It developed as a fashionable Victorian seaside resort in the 19th Century, originally named Croxton Town, but later borrowed the name of nearby Southsea Castle to promote itself. The area has grown into a dense residential suburb and large distinct commercial and entertainment area, separate from central Portsmouth.

THE PROPERTY

The property is built of brick construction under various pitched tiled roof and benefits from a prominent position within Southsea and within a short walk of the beach.

The Ground Floor Trading Area would seat approximately 40 customers and offers a bar servery area along with carpeted flooring and open fireplace.

This area offers an array of opportunities including a Café/Coffee Shop, Craft Beer/Gin/Cocktail Bar, Retail Outlet, Restaurant etc

Ladies & Gents W.C’s.

There is a Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces with a separate wash up area.

DEVELOPMENT OPPORTUNITY

The property offers possible development opportunity into residential units with the opportunity to create a further floor and two apartment/flats (STPP).

EXTERNAL䄔

To the rear of the property is a small Patio Courtyard Area with seating for 8-10 customers.

TRADING HOURS

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Sunday12noon – 11.00pm

Mon – Thurs 10am – midnight

Friday & Sat 10am – 12.30am

Current opening hours are:

CLOSED

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

The property and business is being offered for sale freehold (although we have not had sight of the title deeds). The property offers and all mains services along with being heated with gas central heating (no services tested). Business rates payable are advised as being free of charge.

THE BUSINESS

The current owners purchased the business 20 years ago and after running the business themselves they have been renting the business out over the last few years.

The property offers an opportunity to utilise the space for many uses and benefits from a location surrounded by residential housing.

The business has been closed since January and has recently traded as a Bar along with a Café.

The property was viewed by Marc Blackford who would be delighted to discuss further details and can be contacted on 07812 753014

Viewing appointments must be made via Guy Simmonds on 01332 865112.

Details Prepared: June 2018

ADDITIONAL IMAGES

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