8A High Street Cosham Portsmouth Hampshire PO6 3BZ

8A High Street
Cosham
Portsmouth
Hampshire
PO6 3BZ

Town Centre Retail Investment

Let to the British Heart Foundation with no break clause
Town Centre Location
Approximately 157.90 sq m (1592 sq ft)
Nearby occupiers include Tesco, Lloyds, Superdrug, Costa, Burger King, Greggs, Ladbrokes, Hays Travel and a number of public car parks

Lot
29
Auction
27th March 2025
Rent
£19,260 per Annum Exclusive
Status
Sold
Price
£172,500
Auction Venue
Live Streamed Auction
On Behalf of SIPP Trustees

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Town Centre Retail Investment

Let to the British Heart Foundation with no break clause
Town Centre Location
Approximately 157.90 sq m (1592 sq ft)
Nearby occupiers include Tesco, Lloyds, Superdrug, Costa, Burger King, Greggs, Ladbrokes, Hays Travel and a number of public car parks

Lot 29
Auction 27th March 2025
Rent £19,260 per Annum Exclusive
Status Sold
Price £172,500
Sector
Retail, High Street Retail
Auction Venue
Live Streamed Auction
On Behalf of SIPP Trustees

Property Information

Location

Miles: 3 miles north of Portsmouth, 15 miles east of Southampton, 73 miles south of London
Roads: M27, A27, A3, A3(M)
Rail: Cosham Railway Station
Air: Southampton Airport

Situation

The property is prominently situated on the west side of the High Street, close to its junction with Spur Road. Neighbouring occupiers include Tesco, Lloyds, Superdrug, Costa, Burger King, Greggs, Ladbrokes, Hays Travel and a number of public car parks.

Tenure

Virtual Freehold. Held for a term of 999 years from completion of the sale at a fixed peppercorn rent.

Location

Miles: 3 miles north of Portsmouth, 15 miles east of Southampton, 73 miles south of London
Roads: M27, A27, A3, A3(M)
Rail: Cosham Railway Station
Air: Southampton Airport

Situation

Tenure

Virtual Freehold. Held for a term of 999 years from completion of the sale at a fixed peppercorn rent.

Description

The property comprises a ground floor retail unit that benefits from rear access and loading.

VAT

VAT is applicable to this lot.

EPC

Band C.

Description

The property comprises a ground floor retail unit that benefits from rear access and loading.

VAT

VAT is applicable to this lot.

EPC

Band C.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx (sq ft)	Tenant	Term	Rent p.a.x.	Reversion
Ground	Retail	157.90	(1700) (1)	BRITISH HEART FOUNDATION (CRN: 00699547) (1)	10 years from 25/07/2018	£19,260	24/07/2028

(1) British Heart Foundation are a registered charity under No 225971. For the year ending 31st March 2024 British Heart Foundation (crn 00699547) reported a Total Funds of £138,300,000. (Source: Annual Report and Accounts as published at Companies House. 3/03/2025)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.