Development Property for Auction Hampshire PO1 £850,000 – £900,000 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

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Auction date: Wed, 26/07/2023 - 10:00

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 require

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