8B High Street Cosham Portsmouth Hampshire PO6 3BZ

8B High Street
Cosham
Portsmouth
Hampshire
PO6 3BZ

Town Centre Retail Investment

Trading as Cosham Pets on a new 5 year lease (Subject to Option)
Tenants in Occupation since at least 1990
Approximately 168.30 sq m (1812 sq ft)
Town Centre Location
Nearby occupiers include Tesco, Lloyds, Superdrug, Costa, Burger King, Greggs, Ladbrokes, Hays Travel and a number of public car parks

Lot
37
Auction
27th March 2025
Rent
£21,000 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

Trading as Cosham Pets on a new 5 year lease (Subject to Option)
Tenants in Occupation since at least 1990
Approximately 168.30 sq m (1812 sq ft)
Town Centre Location
Nearby occupiers include Tesco, Lloyds, Superdrug, Costa, Burger King, Greggs, Ladbrokes, Hays Travel and a number of public car parks

Lot 37
Auction 27th March 2025
Rent £21,000 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 B

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 B

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Reversion
Ground	Retail	168.30 (1)	(1812) (1)	INDIVIDUAL T/A COSHAM PETS (CRN: 02853763??) (2)	5 years from 03/12/2024 (3)	£21,000	02/12/2029

(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/66025175)
(2) The Tenant has occupied the property since at least 1990.
(3) The lease provides for a Tenant option to determine the ease on 2nd December 2027 on serving 6 months written notice.

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.