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West Street, Havant, Hampshire, PO9

Guide Price
£549,995
Wilsons Auctions Ltd, Covering Scotland
PROPERTY TYPE

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Key features

  • Prime retail location on Havant’s main pedestrianised High Street
  • Full building ownership – commercial + residential
  • Fully let to a strong national covenant and AST
  • Attractive lot size for private investors
  • Excellent transport links and neighbouring national operators
  • Secure £46,500 p.a. income with potential for future rental growth

Description

A highquality fullylet commercial and residential investment located on Havant’s prime pedestrianised West Street, surrounded by major national retailers including Specsavers, Boots, Halifax, Superdrug, Subway and McDonald’s. The property benefits from excellent footfall and is only 415m from Havant Railway Station, providing direct services to London Waterloo and Portsmouth.

This substantial full building comprises a large groundfloor Savers Health & Beauty retail unit fitted to corporate standard, alongside a selfcontained twobedroom flat at firstfloor level, accessed independently from Elm Lane/Trafalgar Walk.

The investment is fully let, providing secure income from both the national retailer and the residential AST.

Tenancy Details
Ground Floor – Savers Health & Beauty Ltd

FRI Lease
Expiry: 28 January 2029
Passing Rent: £34,500 p.a.x.
Break: January 2027
Covenant: £791.3m turnover, £69.9m pretax profit (FY 2024/25)

FirstFloor Flat – AST

Twobedroom selfcontained apartment
Rent: £12,000 p.a.
Held on annual rolling AST from 12 September 2025

Total Passing Rent: £46,500 p.a.x.
Tenure: Freehold

Havant is a bustling Hampshire market town positioned between Portsmouth and Chichester, offering strong regional connectivity and a vibrant towncentre retail environment. West Street—where your subject property sits—is a fully pedestrianised shopping thoroughfare forming one of the town’s primary retail frontages. It is home to a mix of national occupiers including Boots, Specsavers, Halifax, Superdrug, McDonald’s, Nationwide, Greggs, Poundland and Subway, ensuring consistently high footfall throughout the day.

We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.

It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.

Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.

All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.


West Street, Havant, Hampshire, PO9

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Havant Station0.2 miles
  • Bedhampton Station0.6 miles
  • Warblington Station0.8 miles
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About Wilsons Auctions Ltd, Covering Scotland

6 Kilwinning Road, Dalry, KA24 4LG

Wilsons Auctions

Wilsons Auctions is the largest independent company in the UK and Ireland, with 19 sites allowing us to have truly nationwide coverage.

Our tailored service includes the whole process from start to finish, featuring:

· Regional experts offer a personal service with local expertise.

· Nationwide coverage including Wilsons Auctions website (38 Million visits per annum) Rightmove, Zoopla & Boomin

· Marketing package including social media content (150,000+ followers), email mailshots, high-res pictures and brochures

· Tailored recommendations for pricing and strategy using flexible auction methods to achieve best price and result for client.

· Transparent sale process with public bids in live auction, resulting in best price achieved.

· Legally binding, non-conditional sale secured with non-refundable deposit and settlement within 28 days.

· Competitive fees with all services, viewings and facilities included.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference WAD260065. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Wilsons Auctions Ltd, Covering Scotland. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Wilsons Auctions Ltd, Covering Scotland on 01294 442175.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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