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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING INVESTMENT*** Ground floor tenanted commercial premises with upper floor 2 bed apartment. SUPERSIZED BUILDING 541.51 sq (5,829 sq ft) Producing £46,500 per annum.

PROMINENT LOCATION Located on the pedestrianised West Street, the property comprises a ground floor retail unit let to Savers with a large self-contained two bedroom flat above.

Tenant: Savers Health and Beauty Limited Full Repairing and Insuring Lease Lease: Expiring 2029 Current rent: £34,500 Retail accommodation of approx. 445.51 sqm (4,795 sq ft)

First Floor Flat (two bedroom) Assured Shorthold Tenancy for a term of 12 months from 12.9.2025 Current rent: £12,000 per annum Upper floor measurements approx. 96 sq m (1,033 sq ft)

SUPER LOCATION Neighboring occupiers include Specsavers, Boots, Halifax, Superdrug, Subway, Poundland, Mcdonald’s, Nationwide, The Works and Greggs amongst many others.

INCOME PRODUCING INVESTMENT*** Ground floor tenanted commercial premises with upper floor 2 bed apartment. SUPERSIZED BUILDING 541.51 sq (5,829 sq ft) Producing £46,500 per annum. PROMINENT LOCATION Located on the pedestrianised West Street, the property comprises a ground floor retail unit let to Savers with a large self-contained two bedroom flat above. Tenant: Savers Health and Beauty Limited Full Repairing and Insuring Lease Lease: Expiring 2029 Current rent: £34,500 Retail accommodation of approx. 445.51 sqm (4,795 sq ft) First Floor Flat (two bedroom) Assured Shorthold Tenancy for a term of 12 months from 12.9.2025 Current rent: £12,000 per annum Upper floor measurements approx. 96 sq m (1,033 sq ft) SUPER LOCATION Neighboring occupiers include Specsavers, Boots, Halifax, Superdrug, Subway, Poundland, Mcdonald’s, Nationwide, The Works and Greggs amongst many others.

West Street is central to Havant Town Centre, in Hampshire, close to the Meridian Shopping Centre and part of the pedestrianised precinct. West Street forms one of the primary shopping / retail frontages in Havant, with a mix of high street names (e.g. Boots, Superdrug) plus smaller / independent shops. It has strong transport links: Havant train station is within walking distance. The area is well-served by bus routes and road connections

Full Address: 40-40a West Street, Let Healthcare Investment, Havant, Hampshire, PO9 1PG

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 5 Years
Rent: £46,500 per year / £3,875 per month
Yield: 9% (approx)
Tenant: Company
Notes: Tenant: Savers Health and Beauty Limited Full Repairing and Insuring Lease Lease: Expiring 2029 Current rent: £34,500 First Floor Flat (two bedroom) Assured Shorthold Tenancy for a term of 12 months from 12.9.2025 Current rent: £12,000 per annum

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Pricing Information & Bidding

Opening Bid: £490,000

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

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* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 09 October 2025, 10am-3pm
Type: Timed Online Auction

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